Shadowlake Benefits Inc
How we got $7.6M
Based on 4 employees reported for PPP in 2021, grown at the industry's Oklahoma rate since.
Estimated value over time
▲ 46% since 2021Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SHADOWLAKE BENEFITS INC this business | $7.1M | — |
| BUWICK BENEFITS & INSURANCE GROUP, LLC Norman · 4 employees | $5.3M | 0.0 mi |
| J.D. JOHNSON AGENCY LLC Norman · 2 employees | $1.4M | 1.3 mi |
| SERENITY WELLNESS LLC Norman · 19 employees | $33.8M | 1.5 mi |
| AWARD DEALER SERVICES, INC. Norman · 5 employees | $3.1M | 1.8 mi |
| INSURANCE NETWORK OF OKLAHOMA LLC Norman · 6 employees | $6.6M | 2.4 mi |
| LAREAU & ASSOCIATES, INC Norman · 2 employees | $3.9M | 2.4 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Industry revenue per employee | $1.3M |
| Revenue = employees × revenue per employee | $7.1M |
| EBITDA margin (industry, adjusted for size) | 24% |
| EBITDA = revenue × margin | $1.7M |
| Cross-check: revenue implied by PPP payroll | $977K |
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 | $7.6M |
| Multiple for this size and industry | 4.5× |
| Value range | $3.6M – $10.8M |
| Revenue range | $4.2M – $8.4M |
| EBITDA range | $1.0M – $2.0M |
| Industry (NAICS) | Direct Health and Medical Insurance Carriers (524114) |
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
History & advisors
Advisors
- BankingFirst Fidelity 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 Roles are as stated there and may be out of date.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
| First Fidelity Bank PPP 2021 | All 940 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/20/2021 | second | $11K | 4 |
About Shadowlake Benefits Inc
Shadowlake Benefits Inc is a direct health and medical insurance carriers company in Norman, Oklahoma. Its estimated annual revenue is about $7.1M, with roughly $1.7M of EBITDA. It has about 4 employees. Its estimated business value is $7.6M (likely range $3.6M–$10.8M).
Common questions
- Who owns Shadowlake Benefits Inc?
- The owner of Shadowlake Benefits Inc isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does Shadowlake Benefits Inc make?
- SeeBITDA estimates Shadowlake Benefits Inc's annual revenue at about $7.1M (likely between $4.2M and $8.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Shadowlake Benefits Inc worth?
- About $7.6M, roughly 4.5× its estimated EBITDA of $1.7M, typical for a direct health and medical insurance carriers company its size. Likely range: $3.6M–$10.8M.
- How many employees does Shadowlake Benefits Inc have?
- About 4, as reported on its PPP loan.