Gateway Resources USA Inc
How we got $10.9M
Based on its 21 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 9% 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 |
|---|---|---|
| GATEWAY RESOURCES USA INC this business | $10.2M | — |
| OIL AND GAS FINANCIAL SERVICES L.L.C. Bartlesville · 1 employees | $583K | 0.8 mi |
| Abb Bartlesville | $1.5M | 1.0 mi |
| DC GEOCONSULTING, LLC Bartlesville · 1 employees | $608K | 2.0 mi |
| SPENCER OIL COMPANY LLC Bartlesville · 5 employees | $1.9M | 3.3 mi |
| GRIGGS WELL SERVICE LLC Dewey · 1 employees | $415K | 4.3 mi |
| MCCANN FIELD SERVICES, INC Bartlesville · 10 employees | $2.4M | 4.9 mi |
The full calculation
| Employees reported to the SBA | 21 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $9.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $8.5M |
| Estimate: the two combined (geometric mean) | $10.2M |
| EBITDA margin (industry, adjusted for size) | 24% |
| EBITDA = revenue × margin | $2.5M |
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 | $10.9M |
| Multiple for this size and industry | 4.4× |
| Value range | $5.8M – $15.0M |
| Revenue range | $6.7M – $11.6M |
| EBITDA range | $1.6M – $2.8M |
| Industry (NAICS) | Support Activities for Oil and Gas Operations (213112) |
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
People & advisors
Advisors
- BankingArvest 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 Roles are as stated there and may be out of date.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
| Arvest Bank PPP 2020, PPP 2021 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $242K | 21 |
| 2/27/2021 | second | $242K | 21 |
About Gateway Resources USA Inc
Gateway Resources USA Inc is an oil & gas company in Bartlesville, Oklahoma. Its estimated annual revenue is about $10.2M, with roughly $2.5M of EBITDA. It has about 21 employees. Its estimated business value is $10.9M (likely range $5.8M–$15.0M).
Common questions
- Who owns Gateway Resources USA Inc?
- The owner of Gateway Resources USA 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 Gateway Resources USA Inc make?
- SeeBITDA estimates Gateway Resources USA Inc's annual revenue at about $10.2M (likely between $6.7M and $11.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Gateway Resources USA Inc worth?
- About $10.9M, roughly 4.4× its estimated EBITDA of $2.5M, typical for a oil & gas company its size. Likely range: $5.8M–$15.0M.
- How many employees does Gateway Resources USA Inc have?
- About 21, as reported on its PPP loan.