Summit Claim & Appraisal, Inc
How we got $1.5M
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
▲ 42% 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 |
|---|---|---|
| SUMMIT CLAIM & APPRAISAL, INC this business | $1.4M | — |
| ROD C. CHEW INSURANCE AGENCY, INC. Oklahoma City · 8 employees | $2.2M | 0.1 mi |
| JOHN F. BROWN ENTERPRISES, INC. Oklahoma City · 6 employees | $1.1M | 0.1 mi |
| Zachary Tyler Porter: Primerica - Financial Services Oklahoma City | $806K | 0.3 mi |
| Green Industry Risk Partners Oklahoma City | $806K | 0.3 mi |
| 4M INSURANCE SOLUTIONS Oklahoma City · 5 employees | $743K | 0.3 mi |
| Americlaim Oklahoma City | $806K | 0.3 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $937K |
| Estimate: the two combined (geometric mean) | $1.4M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $410K |
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 | $1.5M |
| Multiple for this size and industry | 3.6× |
| Value range | $776K – $2.0M |
| Revenue range | $908K – $1.6M |
| EBITDA range | $269K – $467K |
| Industry (NAICS) | Claims Adjusting (524291) |
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
- BankingVision BankPPP / 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 Roles are as stated there and may be out of date.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
| Vision Bank PPP 2020 | All 487 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/11/2020 | first | $35K | 5 |
About Summit Claim & Appraisal, Inc
Summit Claim & Appraisal, Inc is an insurance agencies company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $1.4M, with roughly $410K of EBITDA. It has about 5 employees. Its estimated business value is $1.5M (likely range $776K–$2.0M).
Common questions
- Who owns Summit Claim & Appraisal, Inc?
- The owner of Summit Claim & Appraisal, 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 Summit Claim & Appraisal, Inc make?
- SeeBITDA estimates Summit Claim & Appraisal, Inc's annual revenue at about $1.4M (likely between $908K and $1.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Summit Claim & Appraisal, Inc worth?
- About $1.5M, roughly 3.6× its estimated EBITDA of $410K, typical for a insurance agencies company its size. Likely range: $776K–$2.0M.
- How many employees does Summit Claim & Appraisal, Inc have?
- About 5, as reported on its PPP loan.