SeeBITDAOklahoma

Selectone Insurance, Lt Agency LLC

Direct Property and Casualty Insurance Carriers
  • 1225 E 33RD ST, Edmond, OK
  • Since 2016
Estimated valueLow confidence
$2.7M
$1.4Mlikely range$3.7M
About 3.8× its yearly profit, typical for a company this size in its industry.
Revenue
$2.4M
a year
Profit (EBITDA)
$716K
30% of revenue
Employees
4
reported in 2020
Lan Truong
Principal / Agent · source

How we got $2.7M

Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.

4 employees × $818K each$3.3M
PPP payroll ÷ payroll's usual share of revenue$1.4M
Shown toward the top of its range×1.14
Revenue$2.4M
× 30% profit margin$716K
× 3.8 sale multiple = value$2.7M

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner named

What they do

SelectOne Insurance Agency is an independent insurance agency in Edmond, Oklahoma that offers personal and commercial insurance coverages, with a dedicated team for each client.

Products & services
Auto InsuranceBoat & WatercraftCondo InsuranceFlood InsuranceHomeowners InsuranceEarthquakeManufactured / Mobile HomeIndividual AnnuitiesIndividual DisabilityIndividual Health InsuranceFarm & RanchApartment Building Owners
Markets served
Personal linesCommercial linesRestaurantTruck & TruckingOil / Gas OperatorsNon-ProfitChurchHotel / Motel
Service area
EdmondOklahomaMustangNormanTulsaYukonKansasTexas
Certifications
Licensed in Kansas, Oklahoma and Texas

From the company's website. Industry: Direct Property and Casualty Insurance Carriers.

Customers & suppliers

Suppliers & brands

  • Zurich · brand it sells or installs
  • Liberty Mutual · brand it sells or installs
  • Jewelers Mutual · brand it sells or installs
  • Hiscox · brand it sells or installs
  • CompSource · brand it sells or installs
  • Burns & Wilcox · brand it sells or installs

Possible customers nearby

The largest businesses within about 60 miles in the markets its website says it serves.

Restaurants
Trucking & freight
Churches & nonprofits

Estimated value over time

▲ 27% since 2020
$0$1.6M$3.1M20202026

Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
SELECTONE INSURANCE, LT AGENCY LLC
this business
$2.4M$716K—
TILGHMAN INSURANCE SERVICES LLC
Edmond · 7 employees
$7.3M$2.0M1.1 mi
MATTHEW RAMIREZ INSURANCE AGENCY INC
Edmond · 2 employees
$1.3M$442K1.2 mi
OKLAHOMA HEALTH OPTIONS LLC
Edmond · 2 employees
$3.6M$962K1.4 mi
DEAN INSURANCE BROKERAGE LLC
Edmond · 1 employees
$1.2M$393K1.8 mi
COMPASS BENEFIT SOLUTIONS, LLC
Edmond · 4 employees
$4.6M$1.3M2.2 mi
RONDON INSURANCE SERVICES LLC
Edmond · 9 employees
$8.3M$2.0M2.6 mi

The full calculation

Employees reported to the SBA4
Revenue from headcount (employees × revenue per employee for companies this size)$3.3M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$1.4M
Estimate: the two combined (geometric mean)$2.4M
EBITDA margin (industry, adjusted for size)30%
EBITDA = revenue × margin$716K

Figures are shown toward the upper part of their range rather than at its middle.

Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.

Estimated value = EBITDA × typical sale multiple$2.7M
Multiple for this size and industry3.8×
Value range$1.4M – $3.7M
Revenue range$1.6M – $2.7M
EBITDA range$471K – $816K
Industry (NAICS)Direct Property and Casualty Insurance Carriers (524126)

Low confidence: the employee-based and payroll-based estimates differ by more than 2×.

EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.

Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology

People & advisors

Advisors

  • BankingArvest BankPPP / SBA lender

From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.

Banking relationships

Arvest Bank
PPP 2020, PPP 2021
All 5,114 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
5/4/2020first$25K$25K4Arvest Bank
1/20/2021second$25K$25K3Arvest Bank

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Selectone Insurance, Lt Agency LLC

Selectone Insurance, Lt Agency LLC is a direct property and casualty insurance carriers company in Edmond, Oklahoma, in business since 2016. It is owned by Lan Truong (Principal / Agent). Its estimated annual revenue is about $2.4M, with roughly $716K of EBITDA. It has about 4 employees. Its estimated business value is $2.7M (likely range $1.4M–$3.7M).

Common questions

Who owns Selectone Insurance, Lt Agency LLC?
Selectone Insurance, Lt Agency LLC is owned by Lan Truong (Principal / Agent), according to public sources such as the company's website or filings.
How much revenue does Selectone Insurance, Lt Agency LLC make?
SeeBITDA estimates Selectone Insurance, Lt Agency LLC's annual revenue at about $2.4M (likely between $1.6M and $2.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Selectone Insurance, Lt Agency LLC worth?
About $2.7M, roughly 3.8× its estimated EBITDA of $716K, typical for a direct property and casualty insurance carriers company its size. Likely range: $1.4M–$3.7M.
How many employees does Selectone Insurance, Lt Agency LLC have?
About 4, as reported on its PPP loan.
When was Selectone Insurance, Lt Agency LLC founded?
Selectone Insurance, Lt Agency LLC has been in business since 2016.