Velta Augusta Agency, Inc.
How we got $716K
Based on its 4 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 |
|---|---|---|
| VELTA AUGUSTA AGENCY, INC. this business | $728K | — |
| Shelter Insurance Tulsa, OK Claims Branch Tulsa | $806K | 0.1 mi |
| Farmers Insurance - Travis Wyrick Tulsa | $1.6M | 0.4 mi |
| Farmers Insurance - Kirk Fryer Tulsa | $806K | 0.4 mi |
| Andrea Pittman - COUNTRY Financial representative Tulsa | $806K | 0.4 mi |
| MASON HAMILTON INSURANCE LLC Tulsa | $582K | 0.5 mi |
| Micah Belyeu - COUNTRY Financial representative Tulsa | $806K | 0.6 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $830K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $491K |
| Estimate: the two combined (geometric mean) | $728K |
| EBITDA margin (industry, adjusted for size) | 33% |
| EBITDA = revenue × margin | $239K |
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 | $716K |
| Multiple for this size and industry | 3× |
| Value range | $377K – $980K |
| Revenue range | $479K – $830K |
| EBITDA range | $157K – $272K |
| 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
- BankingProsperity 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 Roles are as stated there and may be out of date.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
| Prosperity Bank PPP 2020 | All 748 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/30/2020 | first | $17K | 4 |
About Velta Augusta Agency, Inc.
Velta Augusta Agency, Inc. is an insurance agencies company in Tulsa, Oklahoma. Its estimated annual revenue is about $728K, with roughly $239K of EBITDA. It has about 4 employees. Its estimated business value is $716K (likely range $377K–$980K).
Common questions
- Who owns Velta Augusta Agency, Inc.?
- The owner of Velta Augusta 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 Velta Augusta Agency, Inc. make?
- SeeBITDA estimates Velta Augusta Agency, Inc.'s annual revenue at about $728K (likely between $479K and $830K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Velta Augusta Agency, Inc. worth?
- About $716K, roughly 3× its estimated EBITDA of $239K, typical for a insurance agencies company its size. Likely range: $377K–$980K.
- How many employees does Velta Augusta Agency, Inc. have?
- About 4, as reported on its PPP loan.