Midtown Mortgage LLC
How we got $2.5M
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Midtown Mortgage offers a range of home loan products, including purchase and refinance mortgages, to borrowers in Tulsa and the surrounding areas.
From the company's website. Industry: Real Estate Credit.
Estimated value over time
▲ 26% 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 |
|---|---|---|
| MIDTOWN MORTGAGE LLC this business | $1.5M | — |
| KENT FINANCE CO. Tulsa · 4 employees | $1.2M | 0.7 mi |
| GOLDEN PAWN II LLC Tulsa · 6 employees | $1.9M | 0.7 mi |
| SHARP MORTGAGE CO. ALP Tulsa · 5 employees | $3.1M | 1.1 mi |
| MEDPLAN CREDIT, LLC Tulsa · 3 employees | $1.3M | 1.6 mi |
| Z STORE FINANCING, LLC Tulsa · 2 employees | $1.9M | 1.8 mi |
| DETROIT FINANCIAL SERVICES, INC. Tulsa · 31 employees | $10.5M | 1.8 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $996K |
| Estimate: the two combined (geometric mean) | $1.5M |
| EBITDA margin (industry, adjusted for size) | 44% |
| EBITDA = revenue × margin | $649K |
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 | $2.5M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.3M – $3.4M |
| Revenue range | $976K – $1.7M |
| EBITDA range | $427K – $740K |
| Industry (NAICS) | Real Estate Credit (522292) |
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
- BankingMabrey 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 Roles are as stated there and may be out of date.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
| Mabrey Bank PPP 2020 | All 851 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 | $29K | 3 |
2 locations
| 2007 E 15TH ST | Tulsa | This listing |
| 20 W 2nd St | Sand Springs | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Midtown Mortgage LLC
Midtown Mortgage LLC is a real estate credit company in Tulsa, Oklahoma, in business since 2015. Its estimated annual revenue is about $1.5M, with roughly $649K of EBITDA. It has about 3 employees. Its estimated business value is $2.5M (likely range $1.3M–$3.4M). It has 2 locations.
Common questions
- Who owns Midtown Mortgage LLC?
- The owner of Midtown Mortgage 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 Midtown Mortgage LLC make?
- SeeBITDA estimates Midtown Mortgage LLC's annual revenue at about $1.5M (likely between $976K and $1.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Midtown Mortgage LLC worth?
- About $2.5M, roughly 3.8× its estimated EBITDA of $649K, typical for a real estate credit company its size. Likely range: $1.3M–$3.4M.
- How many employees does Midtown Mortgage LLC have?
- About 3, as reported on its PPP loan.
- When was Midtown Mortgage LLC founded?
- Midtown Mortgage LLC has been in business since 2015.