Rapp Insurance Agency, LLC
How we got $1.0M
Based on 3 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
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 |
|---|---|---|
| RAPP INSURANCE AGENCY, LLC this business | $737K | — |
| STURGEON INSURANCE LLC Medford · 1 employees | $173K | 12.8 mi |
| MENNEM INSURANCE AGENCY LLC Medford · 2 employees | $327K | 13.1 mi |
| Farmers Insurance - Micah Buzzard Medford | $806K | 13.2 mi |
| HIGH PLAINS INSURANCE AGENCY, LLC Medford · 17 employees | $5.5M | 13.2 mi |
| Farmers Insurance - Nathan Crow Medford | $806K | 13.2 mi |
| EVANS STANDS, INC. Cherokee · 2 employees | $469K | 23.3 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Industry revenue per employee | $179K |
| Revenue = employees × revenue per employee | $737K |
| EBITDA margin (industry, adjusted for size) | 38% |
| EBITDA = revenue × margin | $283K |
| Cross-check: revenue implied by PPP payroll | $166K |
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 | $1.0M |
| Multiple for this size and industry | 3.6× |
| Value range | $483K – $1.4M |
| Revenue range | $436K – $872K |
| EBITDA range | $168K – $335K |
| Industry (NAICS) | Insurance Agencies and Brokerages (524210) |
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, 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
- BankingACB 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 Roles are as stated there and may be out of date.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
| ACB Bank PPP 2020, PPP 2021 | All 79 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $6K | 1 |
| 1/30/2021 | second | $28K | 3 |
About Rapp Insurance Agency, LLC
Rapp Insurance Agency, LLC is an insurance agencies company in Wakita, Oklahoma. Its estimated annual revenue is about $737K, with roughly $283K of EBITDA. It has about 3 employees. Its estimated business value is $1.0M (likely range $483K–$1.4M).
Common questions
- Who owns Rapp Insurance Agency, LLC?
- The owner of Rapp 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 Rapp Insurance Agency, LLC make?
- SeeBITDA estimates Rapp Insurance Agency, LLC's annual revenue at about $737K (likely between $436K and $872K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Rapp Insurance Agency, LLC worth?
- About $1.0M, roughly 3.6× its estimated EBITDA of $283K, typical for a insurance agencies company its size. Likely range: $483K–$1.4M.
- How many employees does Rapp Insurance Agency, LLC have?
- About 3, as reported on its PPP loan.