Wej Insurance Agency LLC
How we got $3.5M
Based on its 13 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.
Employees over time
▼ 23% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 13 | $2.3M |
| 2025 | Form 5500 | 10 | $1.8M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| WEJ INSURANCE AGENCY LLC this business | $2.6M | — |
| Warren Stowe - GEICO Insurance Agent Oklahoma City | $815K | 0.0 mi |
| NEHER INSURANCE AGENCY, INC. Oklahoma City · 3 employees | $484K | 0.2 mi |
| Ana Galaviz: Allstate Insurance Oklahoma City | $815K | 0.2 mi |
| BARRY G HALE INSURANCE AGENCY, INC. Oklahoma City · 5 employees | $1.0M | 0.3 mi |
| Kerri McCloud Oklahoma City | $815K | 0.3 mi |
| Multiquote Business Insurance Oklahoma City | $815K | 0.4 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) | $2.0M |
| Estimate: the two combined (geometric mean) | $2.6M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $784K |
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 | $3.5M |
| Multiple for this size and industry | 4.5× |
| Value range | $1.9M – $4.8M |
| Revenue range | $1.7M – $3.0M |
| EBITDA range | $516K – $894K |
| 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
- 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 |
|---|---|---|---|
| 4/29/2020 | first | $89K | 13 |
About Wej Insurance Agency LLC
Wej Insurance Agency LLC is an insurance agencies company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $2.6M, with roughly $784K of EBITDA. It has about 10 employees. Its estimated business value is $3.5M (likely range $1.9M–$4.8M).
Common questions
- Who owns Wej Insurance Agency LLC?
- The owner of Wej Insurance Agency LLC 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 Wej Insurance Agency LLC make?
- SeeBITDA estimates Wej Insurance Agency LLC's annual revenue at about $2.6M (likely between $1.7M and $3.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Wej Insurance Agency LLC worth?
- About $3.5M, roughly 4.5× its estimated EBITDA of $784K, typical for a insurance agencies company its size. Likely range: $1.9M–$4.8M.
- How many employees does Wej Insurance Agency LLC have?
- About 10, from its 2025 retirement-plan filing.