The Insurance Man, Inc.
How we got $3.3M
Based on its 11 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 |
|---|---|---|
| THE INSURANCE MAN, INC. this business | $2.5M | — |
| TIM DICKSON INSURANCE AGENCY, LLC Enid · 3 employees | $729K | 0.1 mi |
| Farmers Insurance - Clay Croasdale Enid | $815K | 0.2 mi |
| SCATES AGENCY, INC. Enid · 3 employees | $889K | 0.2 mi |
| Garfield County Farm Bureau Enid | $104K | 0.4 mi |
| Discount Car Insurance | Lowered Rates of Enid Enid | $815K | 0.4 mi |
| STUBER CORP, LLC Enid · 2 employees | $404K | 0.7 mi |
The full calculation
| Employees reported to the SBA | 11 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.0M |
| Estimate: the two combined (geometric mean) | $2.5M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $731K |
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 | $3.3M |
| Multiple for this size and industry | 4.5× |
| Value range | $1.7M – $4.5M |
| Revenue range | $1.6M – $2.8M |
| EBITDA range | $481K – $833K |
| 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
- BankingUnited Midwest Savings Bank, National AssociationPPP / 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 Roles are as stated there and may be out of date.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
| United Midwest Savings Bank, National Association PPP 2020 | All 9 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $92K | 11 |
About The Insurance Man, Inc.
The Insurance Man, Inc. is an insurance agencies company in Enid, Oklahoma. Its estimated annual revenue is about $2.5M, with roughly $731K of EBITDA. It has about 11 employees. Its estimated business value is $3.3M (likely range $1.7M–$4.5M).
Common questions
- Who owns The Insurance Man, Inc.?
- The owner of The Insurance Man, 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 The Insurance Man, Inc. make?
- SeeBITDA estimates The Insurance Man, Inc.'s annual revenue at about $2.5M (likely between $1.6M and $2.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is The Insurance Man, Inc. worth?
- About $3.3M, roughly 4.5× its estimated EBITDA of $731K, typical for a insurance agencies company its size. Likely range: $1.7M–$4.5M.
- How many employees does The Insurance Man, Inc. have?
- About 11, as reported on its PPP loan.