Shoals Enterprises LLC
How we got $2.5M
Based on 9 employees reported for PPP in 2021, grown at the industry's Oklahoma rate since.
Estimated value over time
▲ 25% 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 |
|---|---|---|
| SHOALS ENTERPRISES LLC this business | $1.9M | — |
| Asset Insurance Brokers Tulsa | $815K | 0.0 mi |
| State Farm Insurance Tulsa | $815K | 1.0 mi |
| Jesse Fields - State Farm Insurance Tulsa | $815K | 1.1 mi |
| Pillar Group Tulsa | $815K | 1.5 mi |
| Modern Woodmen of America Tulsa | $815K | 1.5 mi |
| THE EWING AGENCY INC Tulsa · 4 employees | $694K | 1.5 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Industry revenue per employee | $179K |
| Revenue = employees × revenue per employee | $1.9M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $560K |
| Cross-check: revenue implied by PPP payroll | $170K |
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 | $2.5M |
| Multiple for this size and industry | 4.5× |
| Value range | $1.2M – $3.6M |
| Revenue range | $1.1M – $2.2M |
| EBITDA range | $332K – $663K |
| Industry (NAICS) | Insurance Agencies and Brokerages (524210) |
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
- BankingFC Marketplace, LLC (dba Funding Circle)PPP / 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 Roles are as stated there and may be out of date.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
| FC Marketplace, LLC (dba Funding Circle) PPP 2021 | All 30 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 2/24/2021 | second | $7K | 9 |
About Shoals Enterprises LLC
Shoals Enterprises LLC is an insurance agencies company in Tulsa, Oklahoma. Its estimated annual revenue is about $1.9M, with roughly $560K of EBITDA. It has about 9 employees. Its estimated business value is $2.5M (likely range $1.2M–$3.6M).
Common questions
- Who owns Shoals Enterprises LLC?
- The owner of Shoals Enterprises LLC 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 Shoals Enterprises LLC make?
- SeeBITDA estimates Shoals Enterprises LLC's annual revenue at about $1.9M (likely between $1.1M and $2.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Shoals Enterprises LLC worth?
- About $2.5M, roughly 4.5× its estimated EBITDA of $560K, typical for a insurance agencies company its size. Likely range: $1.2M–$3.6M.
- How many employees does Shoals Enterprises LLC have?
- About 9, as reported on its PPP loan.