Shadowlake Benefits
How we got $6.5M
Based on 3 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
Estimated value over time
▲ 53% since 2020Today'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
| Business | Est. revenue | Distance |
|---|---|---|
| SHADOWLAKE BENEFITS this business | $5.3M | — |
| VICKY RICHEY INSURANCE AGENCY INC Oklahoma City · 7 employees | $6.8M | 1.8 mi |
| INDEPENDENT INC PC Oklahoma City · 1 employees | $802K | 2.0 mi |
| PAUL HARRINGTON INSURANCE AGENCY INC Moore · 8 employees | $4.8M | 3.1 mi |
| Bonds For Less Oklahoma City | $1.1M | 3.3 mi |
| ASHLEY TAYLOR INC Moore · 1 employees | $969K | 4.0 mi |
| Legacy Title Moore | $966K | 4.5 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Industry revenue per employee | $1.3M |
| Revenue = employees × revenue per employee | $5.3M |
| EBITDA margin (industry, adjusted for size) | 27% |
| EBITDA = revenue × margin | $1.4M |
| 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 | $6.5M |
| Multiple for this size and industry | 4.5× |
| Value range | $3.1M – $9.2M |
| Revenue range | $3.2M – $6.3M |
| EBITDA range | $854K – $1.7M |
| 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 Roles are as stated there and may be out of date.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 2020 | All 940 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/11/2020 | first | $11K | 3 |
About Shadowlake Benefits
Shadowlake Benefits is a direct health and medical insurance carriers company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $5.3M, with roughly $1.4M of EBITDA. It has about 3 employees. Its estimated business value is $6.5M (likely range $3.1M–$9.2M).
Common questions
- Who owns Shadowlake Benefits?
- The owner of Shadowlake Benefits 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 make?
- SeeBITDA estimates Shadowlake Benefits's annual revenue at about $5.3M (likely between $3.2M and $6.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Shadowlake Benefits worth?
- About $6.5M, roughly 4.5× its estimated EBITDA of $1.4M, typical for a direct health and medical insurance carriers company its size. Likely range: $3.1M–$9.2M.
- How many employees does Shadowlake Benefits have?
- About 3, as reported on its PPP loan.