Texoma Insurance Group LLC
How we got $485K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- Family in the business (Candy Chapman, Principal/Owner)
From public records and the company's website, not a statement that it's for sale.
What they do
Texoma Insurance Group, LLC is an independent insurance agency in Madill, Oklahoma that offers personal and commercial insurance coverages to its clients.
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 |
|---|---|---|
| TEXOMA INSURANCE GROUP LLC this business | $421K | — |
| DUEHLING INSURANCE AGENCY LLC Kingston · 3 employees | $599K | 0.2 mi |
| DUEHNING INSURANCE ANGENCY LLC Kingston · 3 employees | $709K | 0.2 mi |
| Farmers Insurance - Amos McCann Kingston | $806K | 0.4 mi |
| Shelter Insurance - Charles McHatton Ardmore | $806K | 0.6 mi |
| Taylor Nicole Floyd - 804 S 1st St Madill | $806K | 6.5 mi |
| BUTLER INSURANCE AGENCY, INC. Madill · 7 employees | $1.4M | 7.2 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) | $328K |
| Estimate: the two combined (geometric mean) | $421K |
| EBITDA margin (industry, adjusted for size) | 38% |
| EBITDA = revenue × margin | $162K |
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 | $485K |
| Multiple for this size and industry | 3× |
| Value range | $255K – $664K |
| Revenue range | $277K – $480K |
| EBITDA range | $106K – $184K |
| 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
Leadership
- CCCandy ChapmanPrincipal/Owner · Company website · source
Advisors
- BankingFirst United Bank and Trust CompanyPPP / 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
| First United Bank and Trust Company PPP 2020 | All 2,229 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/11/2020 | first | $11K | 2 |
2 locations
| 525 HIGHWAY 70 | Kingston | This listing |
| 500 S 1st St | Madill | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Texoma Insurance Group LLC
Texoma Insurance Group LLC is an insurance agencies company in Kingston, Oklahoma, in business since 2013. It is owned by Weston Chapman (Principal / Owner). Its estimated annual revenue is about $421K, with roughly $162K of EBITDA. It has about 2 employees. Its estimated business value is $485K (likely range $255K–$664K). It has 2 locations.
Common questions
- Who owns Texoma Insurance Group LLC?
- Texoma Insurance Group LLC is owned by Weston Chapman (Principal / Owner), according to public sources such as the company's website or filings.
- How much revenue does Texoma Insurance Group LLC make?
- SeeBITDA estimates Texoma Insurance Group LLC's annual revenue at about $421K (likely between $277K and $480K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Texoma Insurance Group LLC worth?
- About $485K, roughly 3× its estimated EBITDA of $162K, typical for a insurance agencies company its size. Likely range: $255K–$664K.
- How many employees does Texoma Insurance Group LLC have?
- About 2, as reported on its PPP loan.
- When was Texoma Insurance Group LLC founded?
- Texoma Insurance Group LLC has been in business since 2013.