Sims, Sims, and Mace Inc.
How we got $734K
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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 |
|---|---|---|
| SIMS, SIMS, AND MACE INC. this business | $637K | — |
| JACK HOGG INSURANCE AGENCY, INC. Hobart · 3 employees | $998K | 0.0 mi |
| KRIEGER INSURANCE AGENCY, INC. Hobart · 4 employees | $1.0M | 0.0 mi |
| Quintero Insurance Hobart | $806K | 0.0 mi |
| BROOKS ALLSTATE INSURANCE AGENCY INC Hobart · 2 employees | $285K | 0.3 mi |
| Josh Wald Insurance Llc Hobart | $806K | 0.5 mi |
| Farmers Insurance Hobart | $806K | 0.7 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $830K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $376K |
| Estimate: the two combined (geometric mean) | $637K |
| EBITDA margin (industry, adjusted for size) | 38% |
| EBITDA = revenue × margin | $245K |
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 | $734K |
| Multiple for this size and industry | 3× |
| Value range | $387K – $1.0M |
| Revenue range | $419K – $726K |
| EBITDA range | $161K – $279K |
| 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
- BankingInterBankPPP / 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 Roles are as stated there and may be out of date.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
| InterBank PPP 2020, PPP 2021 | All 585 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 | $13K | 4 |
| 2/5/2021 | second | $14K | 4 |
About Sims, Sims, and Mace Inc.
Sims, Sims, and Mace Inc. is an insurance agencies company in Hobart, Oklahoma. Its estimated annual revenue is about $637K, with roughly $245K of EBITDA. It has about 4 employees. Its estimated business value is $734K (likely range $387K–$1.0M).
Common questions
- Who owns Sims, Sims, and Mace Inc.?
- The owner of Sims, Sims, and Mace 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 Sims, Sims, and Mace Inc. make?
- SeeBITDA estimates Sims, Sims, and Mace Inc.'s annual revenue at about $637K (likely between $419K and $726K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Sims, Sims, and Mace Inc. worth?
- About $734K, roughly 3× its estimated EBITDA of $245K, typical for a insurance agencies company its size. Likely range: $387K–$1.0M.
- How many employees does Sims, Sims, and Mace Inc. have?
- About 4, as reported on its PPP loan.