1st Capital Mortggae, LLC
How we got $34.3M
Based on its 48 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 20 years (since 2006)
From public records and the company's website, not a statement that it's for sale.
What they do
1st Capital Mortgage LLC is a mortgage lender in Owasso, Oklahoma that helps first-time homebuyers and current homeowners purchase or refinance homes with a range of loan products.
From the company's website. Industry: Mortgage and Nonmortgage Loan Brokers.
Estimated value over time
▲ 3% 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 |
|---|---|---|
| 1ST CAPITAL MORTGGAE, LLC this business | $15.0M | — |
| PAYMENT DATA EXCHANGE LLC Claremore · 1 employees | $818K | 6.8 mi |
| VANESSA WELCH Claremore · 1 employees | $704K | 7.4 mi |
| ML2CB INVESTMENTS, LLC DBA GATOR HOSE Tulsa | $1.9M | 8.8 mi |
| MIXEADOS MULTISERVICIOS LLC Tulsa · 13 employees | $2.5M | 10.2 mi |
| TOP DOLLAR INC Tulsa · 2 employees | $662K | 10.5 mi |
| ESMA CASH & FASHION, LLC Tulsa · 4 employees | $814K | 11.1 mi |
The full calculation
| Employees reported to the SBA | 48 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $13.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $13.0M |
| Estimate: the two combined (geometric mean) | $15.0M |
| EBITDA margin (industry, adjusted for size) | 35% |
| EBITDA = revenue × margin | $5.3M |
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 | $34.3M |
| Multiple for this size and industry | 6.5× |
| Value range | $18.1M – $47.0M |
| Revenue range | $9.9M – $17.1M |
| EBITDA range | $3.5M – $6.0M |
| Industry (NAICS) | Mortgage and Nonmortgage Loan Brokers (522310) |
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
- HWHeather WestemeirLoan officer · Company website · source
- RDRon DunawayLoan officer · Company website · source
- ACAndy CobbOKC branch staff · Company website · source
Advisors
- BankingSpiritBankPPP / 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
| SpiritBank PPP 2020 | All 369 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $677K | 48 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About 1st Capital Mortggae, LLC
1st Capital Mortggae, LLC is a mortgage and nonmortgage loan brokers company in Owasso, Oklahoma, in business since 2006. Its estimated annual revenue is about $15.0M, with roughly $5.3M of EBITDA. It has about 48 employees. Its estimated business value is $34.3M (likely range $18.1M–$47.0M).
Common questions
- Who owns 1st Capital Mortggae, LLC?
- The owner of 1st Capital Mortggae, 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 1st Capital Mortggae, LLC make?
- SeeBITDA estimates 1st Capital Mortggae, LLC's annual revenue at about $15.0M (likely between $9.9M and $17.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is 1st Capital Mortggae, LLC worth?
- About $34.3M, roughly 6.5× its estimated EBITDA of $5.3M, typical for a mortgage and nonmortgage loan brokers company its size. Likely range: $18.1M–$47.0M.
- How many employees does 1st Capital Mortggae, LLC have?
- About 48, as reported on its PPP loan.
- When was 1st Capital Mortggae, LLC founded?
- 1st Capital Mortggae, LLC has been in business since 2006.