Union Mutual Insurance Company
How we got $5.7M
Based on its 13 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 88 years (since 1938)
From public records and the company's website, not a statement that it's for sale.
What they do
Union Mutual Insurance Company is an Oklahoma insurer offering actual cash value and replacement cost homeowners, farm, rental property, mobile home and tenant policies. It says it has served Oklahoma since 1938.
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.
- WINTER LIVESTOCK, INC · Enid, 63 mi · $60.2M
- LAZY J ARENA, LLC · Stillwater, 45 mi · $30.7M
- FIRE LEAF ENTERPRISES LLC · Oklahoma City, 6 mi · $30.1M
- EXPRESS RANCHES INC · Yukon, 10 mi · $18.0M
- LANCE RHODES · Fairview, 77 mi · $10.9M
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 |
|---|---|---|
| UNION MUTUAL INSURANCE COMPANY this business | $3.9M | — |
| High Hopes Cannabis Insurance Oklahoma City | $806K | 0.1 mi |
| Farmers Insurance - Grebil Castellanos Oklahoma City | $806K | 0.1 mi |
| Destined Insurance Agency Oklahoma City | $806K | 0.1 mi |
| United International Corporation Oklahoma City | $806K | 0.1 mi |
| TAYLOR INSURANCE LLC Oklahoma City · 3 employees | $502K | 0.5 mi |
| Blue Cross And Blue Shield Oklahoma City | $1.6M | 0.5 mi |
The full calculation
| Employees reported to the SBA | 13 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.3M |
| Estimate: the two combined (geometric mean) | $3.9M |
| EBITDA margin (industry, adjusted for size) | 27% |
| EBITDA = revenue × margin | $1.0M |
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 | $5.7M |
| Multiple for this size and industry | 5.4× |
| Value range | $3.0M – $7.7M |
| Revenue range | $2.5M – $4.4M |
| EBITDA range | $690K – $1.2M |
| 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
“Union Mutual was chartered in 1938 to write property and casualty insurance in the state of Oklahoma.”
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 |
|---|---|---|---|
| 4/13/2020 | first | $192K | 13 |
3 locations
| 3613 N.W. 56th Street Suite 300 | Oklahoma City | This listing |
| 9400 Broadway Ext Ste 500 | Oklahoma City | View |
| 1885 Piedmont Rd N Ste A | Piedmont | 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 Union Mutual Insurance Company
Union Mutual Insurance Company is an insurance agencies company in Oklahoma City, Oklahoma, in business since 1938. Its estimated annual revenue is about $3.9M, with roughly $1.0M of EBITDA. It has about 13 employees. Its estimated business value is $5.7M (likely range $3.0M–$7.7M). It has 3 locations.
Common questions
- Who owns Union Mutual Insurance Company?
- The owner of Union Mutual Insurance Company 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 Union Mutual Insurance Company make?
- SeeBITDA estimates Union Mutual Insurance Company's annual revenue at about $3.9M (likely between $2.5M and $4.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Union Mutual Insurance Company worth?
- About $5.7M, roughly 5.4× its estimated EBITDA of $1.0M, typical for a insurance agencies company its size. Likely range: $3.0M–$7.7M.
- How many employees does Union Mutual Insurance Company have?
- About 13, as reported on its PPP loan.
- When was Union Mutual Insurance Company founded?
- Union Mutual Insurance Company has been in business since 1938.