SeeBITDAOklahoma

Gateway Mortgage

Finance and insurance
  • 2126 N Van Buren St Ste 108, Enid, OK
  • Since 2000
  • NAICS 52
Estimated valueLow confidence
$1.3M
$437Klikely range$2.1M
About 3× its yearly profit, typical for a company this size in its industry.
Revenue
$1.1M
a year
Profit (EBITDA)
$439K
41% of revenue
Employees
—
not reported
Leadership
Owner not found yet
We haven't found the owner in public records
Some signs of a sale

How we got $1.3M

Based on typical figures for its industry (2022 Economic Census), not its own records.

A typical finance and insurance business in Oklahoma$1.1M
Revenue$1.1M
× 41% profit margin$439K
× 3 sale multiple = value$1.3M

· Own this business? Correct these figures

What we know

No PPP loan
No 401(k) filing
No reported financials
Company website
Owner not found

Signs of a sale Some signs of a sale

  • In business 26 years (since 2000)

From public records and the company's website, not a statement that it's for sale.

What they do

Gateway is a bank and mortgage lender (Gateway First Bank) with a local Enid, OK mortgage team offering home loans, deposit accounts, business banking, and trust services. It describes serving homebuyers and personal, business, commercial, and agriculture customers.

Products & services
PurchaseRefinanceConstruction LoansCheckingSavingsCertificates of DepositCredit CardsLoansPrivate BankingTrust ServicesHome Improvement FinancingBusiness Checking
Markets served
Personal bankingHome loansBusiness bankingCommercialPublic BankingAgricultureWealth
Service area
Enid, OK
Certifications
FDIC-InsuredMember FDIC. Equal Housing LenderNMLS 7233

From the company's website. Industry: Finance and insurance.

Customers & suppliers

Possible customers nearby

The largest businesses within about 60 miles in the markets its website says it serves.

Farms & ranches

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Gateway Mortgage
this business
$1.1M$439K—
Edward Jones - Financial Advisor: Rob Bullis, AAMS®
Enid
$1.1M$439K0.0 mi
Edward Jones - Financial Advisor: Joe Newsom
Enid
$1.1M$439K0.0 mi
Bank Of Oklahoma
Enid
$1.9M$863K0.1 mi
Kevin Boulware - Mortgage Banker,NMLS#1917826 - Bank of Oklahoma Mortgage
Enid
$1.1M$439K0.1 mi
Western Union
Enid
$1.1M$439K0.2 mi
Farmers Insurance - Clay Croasdale
Enid
$806K$310K0.2 mi

The full calculation

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$1.3M
Multiple for this size and industry3×
Value range$437K – $2.1M

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Finance and insurance businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (41%). Treat these as a rough guide.

Revenue range$443K – $1.4M
EBITDA range$182K – $596K
Industry (NAICS)Finance and insurance (52)

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. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Gateway Mortgage

Gateway Mortgage is a finance and insurance company in Enid, Oklahoma, in business since 2000. Its estimated annual revenue is about $1.1M, with roughly $439K of EBITDA. Its estimated business value is $1.3M (likely range $437K–$2.1M).

Common questions

Who owns Gateway Mortgage?
The owner of Gateway Mortgage 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 Mortgage make?
SeeBITDA estimates Gateway Mortgage's annual revenue at about $1.1M (likely between $443K and $1.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Gateway Mortgage worth?
About $1.3M, roughly 3× its estimated EBITDA of $439K, typical for a finance and insurance company its size. Likely range: $437K–$2.1M.
When was Gateway Mortgage founded?
Gateway Mortgage has been in business since 2000.