Shore Insurance Agency Inc
How we got $743K
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 26 years (since 2000)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 30% 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 |
|---|---|---|
| SHORE INSURANCE AGENCY INC this business | $755K | — |
| REED WILLIAMS INSURANCE AGENCY INC Poteau · 4 employees | $1.1M | 0.0 mi |
| JOHN HAMILTON INSURANCE AGENCY INCORPORATED Poteau · 6 employees | $1.1M | 0.2 mi |
| DAVID ALEXANDER INSURANCE AGENCY INC Poteau · 3 employees | $808K | 0.3 mi |
| One On One Insurance Poteau | $815K | 0.3 mi |
| MJ Agency Poteau | $815K | 0.4 mi |
| Tonia Linn Johnson - 301 N Mckenna St Poteau | $815K | 0.4 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $623K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $704K |
| Estimate: the two combined (geometric mean) | $755K |
| EBITDA margin (industry, adjusted for size) | 33% |
| EBITDA = revenue × margin | $248K |
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 | $743K |
| Multiple for this size and industry | 3× |
| Value range | $391K – $1.0M |
| Revenue range | $497K – $861K |
| EBITDA range | $163K – $282K |
| Industry (NAICS) | Insurance Agencies and Brokerages (524210) |
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
- BankingThe First National Bank of Fort SmithPPP / 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
| The First National Bank of Fort Smith PPP 2020 | All 252 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $24K | 3 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Shore Insurance Agency Inc
Shore Insurance Agency Inc is an insurance agencies company in Poteau, Oklahoma, in business since 2000. Its estimated annual revenue is about $755K, with roughly $248K of EBITDA. It has about 3 employees. Its estimated business value is $743K (likely range $391K–$1.0M).
Common questions
- Who owns Shore Insurance Agency Inc?
- The owner of Shore Insurance Agency 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 Shore Insurance Agency Inc make?
- SeeBITDA estimates Shore Insurance Agency Inc's annual revenue at about $755K (likely between $497K and $861K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Shore Insurance Agency Inc worth?
- About $743K, roughly 3× its estimated EBITDA of $248K, typical for a insurance agencies company its size. Likely range: $391K–$1.0M.
- How many employees does Shore Insurance Agency Inc have?
- About 3, as reported on its PPP loan.
- When was Shore Insurance Agency Inc founded?
- Shore Insurance Agency Inc has been in business since 2000.