Thrive Insurance, Inc.
How we got $2.8M
Based on its 7 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
- In business 16 years (since 2010)
From public records and the company's website, not a statement that it's for sale.
What they do
Thrive Insurance is an Oklahoma insurance agency offering personal and business insurance and bonds for individuals and businesses. It says it specializes in insuring real estate investments.
From the company's website. Industry: Insurance agencies.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- BENNETT CONSTRUCTION, INC. · Oklahoma City, 6 mi · $790.7M
- H.C. EMPLOYEES LLC · Moore, 18 mi · $196.3M
- FUENTES CONCRETE CONSTRUCTION · Edmond, 7 mi · $177.3M
- IDEAL HOMES OF NORMAN, LP · Norman, 26 mi · $163.8M
- TABER BUILT HOMES, LLC · Oklahoma City, 1 mi · $135.0M
- MD DRYWALL LLC · Oklahoma City, 11 mi · $26.5M
- THRICE ENERGY SOLUTIONS LLC · Oklahoma City, 9 mi · $26.0M
- BALDWIN ACOUSTICS AND DRYWALL INC · Oklahoma City, 17 mi · $19.7M
- MIDWEST INSULATION AND MATERIAL LLC · Oklahoma City, 6 mi · $19.4M
- MUNSEY INSULATION CORPORATION · Moore, 18 mi · $14.4M
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 |
|---|---|---|
| THRIVE INSURANCE, INC. this business | $2.1M | — |
| HUB International Oklahoma City | $2.4M | 0.2 mi |
| Jim Dunn - State Farm Insurance Agent Edmond | $806K | 0.5 mi |
| Farmers Insurance - Joseph Lemieux Edmond | $806K | 0.6 mi |
| Berrong Insurance Agency Edmond | $806K | 0.6 mi |
| Will Rogers Insurance Oklahoma City | $806K | 0.6 mi |
| AAA Oklahoma City | $806K | 0.9 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.7M |
| Estimate: the two combined (geometric mean) | $2.1M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $614K |
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 | $2.8M |
| Multiple for this size and industry | 4.5× |
| Value range | $1.5M – $3.8M |
| Revenue range | $1.4M – $2.4M |
| EBITDA range | $404K – $700K |
| Industry (NAICS) | Insurance Agencies and Brokerages (524210) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- CEChad EndresPersonal Insurance Advisor · Company website · source
- PWPam WilliamsonPersonal Account Manager · Company website · source
Advisors
- BankingFirst Liberty BankPPP / 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 Liberty Bank PPP 2020 | All 382 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/16/2020 | first | $115K | 7 |
3 locations
| 13230 PAWNEE DR | Oklahoma City | This listing |
| 1110 Classen Dr Ste M | Oklahoma City | View |
| 811 N Broadway Ave | Oklahoma City | 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 Thrive Insurance, Inc.
Thrive Insurance, Inc. is an insurance agencies company in Oklahoma City, Oklahoma, in business since 2010. It is owned by Taylor Richardson (Founder & CEO). Its estimated annual revenue is about $2.1M, with roughly $614K of EBITDA. It has about 7 employees. Its estimated business value is $2.8M (likely range $1.5M–$3.8M). It has 3 locations.
Common questions
- Who owns Thrive Insurance, Inc.?
- Thrive Insurance, Inc. is owned by Taylor Richardson (Founder & CEO), according to public sources such as the company's website or filings.
- How much revenue does Thrive Insurance, Inc. make?
- SeeBITDA estimates Thrive Insurance, Inc.'s annual revenue at about $2.1M (likely between $1.4M and $2.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Thrive Insurance, Inc. worth?
- About $2.8M, roughly 4.5× its estimated EBITDA of $614K, typical for a insurance agencies company its size. Likely range: $1.5M–$3.8M.
- How many employees does Thrive Insurance, Inc. have?
- About 7, as reported on its PPP loan.
- When was Thrive Insurance, Inc. founded?
- Thrive Insurance, Inc. has been in business since 2010.