Basmat Inc
How we got $1.2M
Based on its 1 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 53% 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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| BASMAT INC this business | $1.2M | — |
| UNIVERSAL FIDELITY LIFE INSURANCE COMPANY Oklahoma City · 101 employees | $164.4M | 0.6 mi |
| JM INC Edmond · 2 employees | $1.4M | 2.6 mi |
| HUGHES INTERNATIONAL USA INC Oklahoma City · 2 employees | $3.1M | 2.7 mi |
| WILLIAM BRIGGS INSURANCE AGENCY, LLC Edmond · 3 employees | $1.8M | 2.9 mi |
| COURTESY INSURANCE AGENCY OF OKLAHOMA, LLC Oklahoma City · 11 employees | $10.4M | 2.9 mi |
| SARAH SMITH INSURANCE AGENCY INC Oklahoma City · 4 employees | $3.9M | 3.4 mi |
Ranges & sources
| Revenue range | $780K – $1.4M |
| EBITDA range | $256K – $443K |
| Industry (NAICS) | Direct Health and Medical Insurance Carriers (524114) |
| Value range | $614K – $1.6M |
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
- BankingFirst Fidelity 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 Roles are as stated there and may be out of date.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
| First Fidelity Bank PPP 2020 | All 940 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 | $8K | 1 |
About Basmat Inc
Basmat Inc is a direct health and medical insurance carriers company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $1.2M, with roughly $389K of EBITDA. It has about 1 employees. Its estimated business value is $1.2M (likely range $614K–$1.6M).
Common questions
- Who owns Basmat Inc?
- The owner of Basmat 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 Basmat Inc make?
- SeeBITDA estimates Basmat Inc's annual revenue at about $1.2M (likely between $780K and $1.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Basmat Inc worth?
- About $1.2M, roughly 3× its estimated EBITDA of $389K, typical for a direct health and medical insurance carriers company its size. Likely range: $614K–$1.6M.
- How many employees does Basmat Inc have?
- About 1, as reported on its PPP loan.