Shumard Insurance Agency Inc.
How we got $283K
Based on 1 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
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 |
|---|---|---|
| SHUMARD INSURANCE AGENCY INC. this business | $245K | — |
| Steven Jones, Farmers Insurance Broken Arrow | $806K | 0.0 mi |
| Steven D Jones - 3706 S Elm Pl Broken Arrow | $806K | 0.0 mi |
| AAA Broken Arrow | $806K | 0.0 mi |
| Aspen Insurance Coaches Broken Arrow | $806K | 0.1 mi |
| FLIPPO INSURANCE AGENCY, LLC Broken Arrow · 2 employees | $497K | 0.2 mi |
| HBI LLC Broken Arrow · 1 employees | $361K | 0.3 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Industry revenue per employee | $179K |
| Revenue = employees × revenue per employee | $245K |
| EBITDA margin (industry, adjusted for size) | 38% |
| EBITDA = revenue × margin | $94K |
| Cross-check: revenue implied by PPP payroll | $58K |
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 | $283K |
| Multiple for this size and industry | 3× |
| Value range | $134K – $402K |
| Revenue range | $145K – $290K |
| EBITDA range | $56K – $112K |
| 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
People & advisors
Advisors
- BankingBank of America, National AssociationPPP / 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 Roles are as stated there and may be out of date.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
| Bank of America, National Association PPP 2020 | All 1,034 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/1/2020 | first | $2K | 1 |
About Shumard Insurance Agency Inc.
Shumard Insurance Agency Inc. is an insurance agencies company in Broken Arrow, Oklahoma. Its estimated annual revenue is about $245K, with roughly $94K of EBITDA. It has about 1 employees. Its estimated business value is $283K (likely range $134K–$402K).
Common questions
- Who owns Shumard Insurance Agency Inc.?
- The owner of Shumard 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 Shumard Insurance Agency Inc. make?
- SeeBITDA estimates Shumard Insurance Agency Inc.'s annual revenue at about $245K (likely between $145K and $290K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Shumard Insurance Agency Inc. worth?
- About $283K, roughly 3× its estimated EBITDA of $94K, typical for a insurance agencies company its size. Likely range: $134K–$402K.
- How many employees does Shumard Insurance Agency Inc. have?
- About 1, as reported on its PPP loan.