Terrell Insurance Group LLC
How we got $656K
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 80 years (since 1946)
From public records and the company's website, not a statement that it's for sale.
What they do
Terrell Insurance Group is an insurance agency serving Oklahomans since 1946, helping clients find tailored policies for automobile, business and commercial, health, homeowners, life, and recreational vehicle coverage.
From the company's website. Industry: Insurance agencies.
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 |
|---|---|---|
| TERRELL INSURANCE GROUP LLC this business | $569K | — |
| COVENANT INSURANCE SERVICES LLC Prague · 3 employees | $737K | 0.1 mi |
| ROSS INSURANCE AGENCY LLC Prague · 2 employees | $360K | 0.2 mi |
| WILLIAMSON INSURANCE INC. Prague · 5 employees | $729K | 0.3 mi |
| P M INSURANCE INC Paden · 2 employees | $416K | 5.5 mi |
| KRISTIN LUDI INSURANCE AGENCY LLC Meeker · 3 employees | $538K | 11.8 mi |
| INSURANCE BROKERS GROUP, INC. Shawnee · 4 employees | $1.4M | 12.5 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $623K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $399K |
| Estimate: the two combined (geometric mean) | $569K |
| EBITDA margin (industry, adjusted for size) | 38% |
| EBITDA = revenue × margin | $219K |
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 | $656K |
| Multiple for this size and industry | 3× |
| Value range | $345K – $897K |
| Revenue range | $374K – $648K |
| EBITDA range | $144K – $249K |
| 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
- 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 7(a) 2020, 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 |
|---|---|---|---|
| 4/6/2020 | first | $14K | 3 |
Public records
| Nov 2019 | 7(a) | $25K |
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Terrell Insurance Group LLC
Terrell Insurance Group LLC is an insurance agencies company in Prague, Oklahoma, in business since 1946. Its estimated annual revenue is about $569K, with roughly $219K of EBITDA. It has about 3 employees. Its estimated business value is $656K (likely range $345K–$897K).
Common questions
- Who owns Terrell Insurance Group LLC?
- The owner of Terrell 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 Terrell Insurance Group LLC make?
- SeeBITDA estimates Terrell Insurance Group LLC's annual revenue at about $569K (likely between $374K and $648K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Terrell Insurance Group LLC worth?
- About $656K, roughly 3× its estimated EBITDA of $219K, typical for a insurance agencies company its size. Likely range: $345K–$897K.
- How many employees does Terrell Insurance Group LLC have?
- About 3, as reported on its PPP loan.
- When was Terrell Insurance Group LLC founded?
- Terrell Insurance Group LLC has been in business since 1946.