Tim Hough Insurance Agency, Inc.
- Tim HoughState Farm Agent · Company website
How we got $1.3M
Based on its 5 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
What they do
Tim Hough State Farm is a State Farm agency in Cleveland and Pawhuska, OK, offering auto, home, life, and business insurance to individuals and families across Oklahoma.
From the company's website. Industry: Insurance agencies.
Customers & suppliers
Suppliers & brands
- State Farm · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| TIM HOUGH INSURANCE AGENCY, INC. this business | $1.1M | — |
| CLEVELAND INSURANCE AGENCY LLC Cleveland · 2 employees | $315K | 0.2 mi |
| Kyle Krotzer - 109 N Broadway St Cleveland | $815K | 0.2 mi |
| OVERMAN INSURANCE AGENCY LLC Cleveland · 13 employees | $2.8M | 0.3 mi |
| MUNDING INSURANCE, INC. Cleveland · 2 employees | $288K | 0.3 mi |
| DOUGLAS LEE INSURANCE AGENCY LLC Cleveland · 2 employees | $513K | 0.4 mi |
| Farmers Insurance - Kyle Krotzer Cleveland | $815K | 0.4 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $887K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.0M |
| Estimate: the two combined (geometric mean) | $1.1M |
| EBITDA margin (industry, adjusted for size) | 33% |
| EBITDA = revenue × margin | $357K |
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 | $1.3M |
| Multiple for this size and industry | 3.6× |
| Value range | $676K – $1.8M |
| Revenue range | $715K – $1.2M |
| EBITDA range | $235K – $407K |
| 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
- BankingBlue Sky 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
| Blue Sky Bank PPP 2020 | All 430 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $45K | 5 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Tim Hough Insurance Agency, Inc.
Tim Hough Insurance Agency, Inc. is an insurance agencies company in Cleveland, Oklahoma, in business since 2014. Its estimated annual revenue is about $1.1M, with roughly $357K of EBITDA. It has about 5 employees. Its estimated business value is $1.3M (likely range $676K–$1.8M).
Common questions
- Who owns Tim Hough Insurance Agency, Inc.?
- The owner of Tim Hough 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 Tim Hough Insurance Agency, Inc. make?
- SeeBITDA estimates Tim Hough Insurance Agency, Inc.'s annual revenue at about $1.1M (likely between $715K and $1.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Tim Hough Insurance Agency, Inc. worth?
- About $1.3M, roughly 3.6× its estimated EBITDA of $357K, typical for a insurance agencies company its size. Likely range: $676K–$1.8M.
- How many employees does Tim Hough Insurance Agency, Inc. have?
- About 5, as reported on its PPP loan.
- When was Tim Hough Insurance Agency, Inc. founded?
- Tim Hough Insurance Agency, Inc. has been in business since 2014.