Thomas Baste Insurance Agency, Inc
How we got $1.2M
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Thomas Baste Insurance Agency is an independently owned agency selling AAA Insurance in Oklahoma City, Oklahoma, offering auto, home, life, landlord and commercial/business insurance.
From the company's website. Industry: Insurance agencies.
Customers & suppliers
Suppliers & brands
- AAA Insurance · brand it sells or installs
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- HS-REAL ESTATE INC · Norman, 9 mi · $311.3M
- WATERMARK CANTERBURY, LLC · Oklahoma City, 15 mi · $132.9M
- COATES FIELD SERVICE, INC. · Oklahoma City, 10 mi · $107.8M
- PRICE EDWARDS & COMPANY, INC · Oklahoma City, 6 mi · $67.0M
- STEVEN B HOMES INC · Oklahoma City, 10 mi · $56.8M
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 |
|---|---|---|
| THOMAS BASTE INSURANCE AGENCY, INC this business | $1.0M | — |
| AAA Oklahoma City South - Insurance/Membership Only Oklahoma City | $806K | 0.0 mi |
| TROY DOOLEY INSURANCE AGENCY , LLC Oklahoma City · 2 employees | $461K | 0.1 mi |
| Worksite Benefit Plans Inc Oklahoma City | $806K | 0.1 mi |
| Shelter Insurance - Paul Michael Oklahoma City | $1.6M | 0.1 mi |
| KELSEY THOMPSON INSURANCE AGENCY LLC Oklahoma City · 4 employees | $1.1M | 0.3 mi |
| MARY CRAWFORD INSURANCE AGENCY INC Oklahoma City · 6 employees | $923K | 0.3 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $886K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $897K |
| Estimate: the two combined (geometric mean) | $1.0M |
| EBITDA margin (industry, adjusted for size) | 33% |
| EBITDA = revenue × margin | $333K |
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 | $1.2M |
| Multiple for this size and industry | 3.6× |
| Value range | $632K – $1.6M |
| Revenue range | $669K – $1.2M |
| EBITDA range | $219K – $380K |
| 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
- BankingBOKF, 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
| BOKF, National Association PPP 2020 | All 2,399 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/29/2020 | first | $39K | 5 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Thomas Baste Insurance Agency, Inc
Thomas Baste Insurance Agency, Inc is an insurance agencies company in Oklahoma City, Oklahoma, in business since 2013. Its estimated annual revenue is about $1.0M, with roughly $333K of EBITDA. It has about 5 employees. Its estimated business value is $1.2M (likely range $632K–$1.6M).
Common questions
- Who owns Thomas Baste Insurance Agency, Inc?
- The owner of Thomas Baste Insurance Agency, 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 Thomas Baste Insurance Agency, Inc make?
- SeeBITDA estimates Thomas Baste Insurance Agency, Inc's annual revenue at about $1.0M (likely between $669K and $1.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Thomas Baste Insurance Agency, Inc worth?
- About $1.2M, roughly 3.6× its estimated EBITDA of $333K, typical for a insurance agencies company its size. Likely range: $632K–$1.6M.
- How many employees does Thomas Baste Insurance Agency, Inc have?
- About 5, as reported on its PPP loan.
- When was Thomas Baste Insurance Agency, Inc founded?
- Thomas Baste Insurance Agency, Inc has been in business since 2013.