Timothy Bales Insurance Agency
How we got $741K
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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 |
|---|---|---|
| TIMOTHY BALES INSURANCE AGENCY this business | $753K | — |
| Farmers Insurance - Charles Caughern Muskogee | $806K | 0.0 mi |
| CHUBBY UNICORN INCORPORATED Muskogee · 3 employees | $613K | 0.1 mi |
| Rachel Gilstrap - State Farm Insurance Agent Muskogee | $806K | 0.2 mi |
| GILSTRAP INSURANCE AND FINANCIAL SERVICES, LLC Muskogee · 3 employees | $719K | 0.2 mi |
| Creative Benefit Concepts Inc Muskogee | $806K | 0.2 mi |
| Jorski Insurance Agency Muskogee | $806K | 0.4 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $623K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $701K |
| Estimate: the two combined (geometric mean) | $753K |
| EBITDA margin (industry, adjusted for size) | 33% |
| EBITDA = revenue × margin | $247K |
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 | $741K |
| Multiple for this size and industry | 3× |
| Value range | $390K – $1.0M |
| Revenue range | $495K – $859K |
| EBITDA range | $162K – $282K |
| 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
Advisors
- BankingFirstar 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 Roles are as stated there and may be out of date.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
| Firstar Bank PPP 2020 | All 380 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $24K | 3 |
About Timothy Bales Insurance Agency
Timothy Bales Insurance Agency is an insurance agencies company in Muskogee, Oklahoma. Its estimated annual revenue is about $753K, with roughly $247K of EBITDA. It has about 3 employees. Its estimated business value is $741K (likely range $390K–$1.0M).
Common questions
- Who owns Timothy Bales Insurance Agency?
- The owner of Timothy Bales Insurance Agency 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 Timothy Bales Insurance Agency make?
- SeeBITDA estimates Timothy Bales Insurance Agency's annual revenue at about $753K (likely between $495K and $859K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Timothy Bales Insurance Agency worth?
- About $741K, roughly 3× its estimated EBITDA of $247K, typical for a insurance agencies company its size. Likely range: $390K–$1.0M.
- How many employees does Timothy Bales Insurance Agency have?
- About 3, as reported on its PPP loan.