Tate Insurance Group, LLC
How we got $637K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| TATE INSURANCE GROUP, LLC this business | $552K | — |
| Shelter Insurance - Haley Meador Harrah | $815K | 0.2 mi |
| HALEY WARE INSURANCE AGENCY, LLC Harrah · 2 employees | $317K | 0.2 mi |
| D HUNTER INSURANCE LLC Harrah · 1 employees | $246K | 0.5 mi |
| RICHARDSON INSURANCE AGENCY Choctaw · 2 employees | $387K | 2.9 mi |
| Dynasty Insurance Group, LLC. Choctaw | $815K | 3.0 mi |
| KENT WASHBURN INC Choctaw · 1 employees | $233K | 4.8 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $415K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $565K |
| Estimate: the two combined (geometric mean) | $552K |
| EBITDA margin (industry, adjusted for size) | 38% |
| EBITDA = revenue × margin | $212K |
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 | $637K |
| Multiple for this size and industry | 3× |
| Value range | $335K – $872K |
| Revenue range | $363K – $630K |
| EBITDA range | $140K – $242K |
| 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
- BankingBancFirstPPP / 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 Roles are as stated there and may be out of date.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
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/30/2020 | first | $19K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Tate Insurance Group, LLC
Tate Insurance Group, LLC is an insurance agencies company in Harrah, Oklahoma, in business since 2019. Its estimated annual revenue is about $552K, with roughly $212K of EBITDA. It has about 2 employees. Its estimated business value is $637K (likely range $335K–$872K).
Common questions
- Who owns Tate Insurance Group, LLC?
- The owner of Tate Insurance Group, LLC 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 Tate Insurance Group, LLC make?
- SeeBITDA estimates Tate Insurance Group, LLC's annual revenue at about $552K (likely between $363K and $630K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Tate Insurance Group, LLC worth?
- About $637K, roughly 3× its estimated EBITDA of $212K, typical for a insurance agencies company its size. Likely range: $335K–$872K.
- How many employees does Tate Insurance Group, LLC have?
- About 2, as reported on its PPP loan.
- When was Tate Insurance Group, LLC founded?
- Tate Insurance Group, LLC has been in business since 2019.