Sockey Insurance
How we got $972K
Based on its 5 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 |
|---|---|---|
| SOCKEY INSURANCE this business | $823K | — |
| Oklahoma Farmers Union Insurance Wilburton | $806K | 0.3 mi |
| COX INSURANCE AGENCY INC. Stigler · 3 employees | $587K | 0.4 mi |
| Farmers Insurance - Leslie Clark Stigler | $806K | 0.6 mi |
| CLARK AGENCY LLC Stigler · 1 employees | $257K | 0.6 mi |
| Shelter Insurance - Aaron Bailey Stigler | $806K | 0.7 mi |
| Farmers Insurance - Justin Ary Baker Stigler | $806K | 1.0 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $886K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $588K |
| Estimate: the two combined (geometric mean) | $823K |
| EBITDA margin (industry, adjusted for size) | 33% |
| EBITDA = revenue × margin | $270K |
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 | $972K |
| Multiple for this size and industry | 3.6× |
| Value range | $511K – $1.3M |
| Revenue range | $541K – $938K |
| EBITDA range | $178K – $308K |
| 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
People & 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 Roles are as stated there and may be out of date.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 | $26K | 5 |
About Sockey Insurance
Sockey Insurance is an insurance agencies company in Stigler, Oklahoma. Its estimated annual revenue is about $823K, with roughly $270K of EBITDA. It has about 5 employees. Its estimated business value is $972K (likely range $511K–$1.3M).
Common questions
- Who owns Sockey Insurance?
- The owner of Sockey Insurance 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 Sockey Insurance make?
- SeeBITDA estimates Sockey Insurance's annual revenue at about $823K (likely between $541K and $938K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Sockey Insurance worth?
- About $972K, roughly 3.6× its estimated EBITDA of $270K, typical for a insurance agencies company its size. Likely range: $511K–$1.3M.
- How many employees does Sockey Insurance have?
- About 5, as reported on its PPP loan.