Wichita Insurance, LLC
How we got $507K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Wichita Insurance, LLC is an independent insurance agency in Altus, Oklahoma, established in 2019, offering quotes from what it calls the best carriers in the area. It serves local customers with personal, farm and ranch, crop, and business insurance.
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.
- VAN DER LAAN DAIRY · Frederick, 20 mi · $22.8M
- PREMIUM BEEF FEEDERS, LLC · Lone Wolf, 28 mi · $7.6M
- N&K FARMS, INC. · Altus, 3 mi · $7.0M
- K&S PARTNERSHIP · Hollis, 34 mi · $6.2M
- TREADWELL LAND & CATTLE LLC · Frederick, 26 mi · $5.7M
Estimated value over time
▲ 56% 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 |
|---|---|---|
| WICHITA INSURANCE, LLC this business | $440K | — |
| DOBBS AND BRADDOCK, INC Altus · 11 employees | $2.8M | 0.2 mi |
| CHAD LEE INSURANCE AGENCY, INC Altus · 3 employees | $575K | 0.3 mi |
| LEGACY INSURANCE GROUP, LLC Altus · 4 employees | $668K | 0.4 mi |
| TIFFINY BUNTING INSURANCE AGENCY, LLC Altus · 3 employees | $438K | 0.5 mi |
| Farmers Insurance - Sarah Wheeler Altus | $806K | 0.5 mi |
| Farmers Insurance - David Morris Altus | $806K | 0.6 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $635K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $234K |
| Estimate: the two combined (geometric mean) | $440K |
| EBITDA margin (industry, adjusted for size) | 38% |
| EBITDA = revenue × margin | $169K |
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 | $507K |
| Multiple for this size and industry | 3× |
| Value range | $267K – $694K |
| Revenue range | $289K – $501K |
| EBITDA range | $111K – $193K |
| Industry (NAICS) | All Other Insurance Related Activities (524298) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
Leadership
- CNCody NelsonCo-Founder and Managing Partner · Company website · source
- ADAlex Davin WalkerAgent · Company website · source
- TETiffany EnglishCSR · Company website · source
- BVBrittni VanpeltCSR / Agent · Company website · source
- PSPam SimmonsAgent · Company website · source
- EREric RiceChief Renewal Officer / Agent · Company website · source
- RSRussell Scot SimcoAgent · Company website · source
Advisors
- BankingRed River FCUPPP / 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
| Red River FCU PPP 2020 | All 37 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $9K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Wichita Insurance, LLC
Wichita Insurance, LLC is an insurance agencies company in Altus, Oklahoma, in business since 2019. It is owned by Brady Baker. Its estimated annual revenue is about $440K, with roughly $169K of EBITDA. It has about 2 employees. Its estimated business value is $507K (likely range $267K–$694K).
Common questions
- Who owns Wichita Insurance, LLC?
- Wichita Insurance, LLC is owned by Brady Baker, according to public sources such as the company's website or filings.
- How much revenue does Wichita Insurance, LLC make?
- SeeBITDA estimates Wichita Insurance, LLC's annual revenue at about $440K (likely between $289K and $501K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Wichita Insurance, LLC worth?
- About $507K, roughly 3× its estimated EBITDA of $169K, typical for a insurance agencies company its size. Likely range: $267K–$694K.
- How many employees does Wichita Insurance, LLC have?
- About 2, as reported on its PPP loan.
- When was Wichita Insurance, LLC founded?
- Wichita Insurance, LLC has been in business since 2019.