Michael Hobson
- Michael HobsonArea Sales Manager · Company website
How we got $1.3M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Likely to sell
- In business 56 years (since 1970)
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
Michael Hobson is a mortgage loan officer (Area Sales Manager) with Union Home Mortgage in Norman, OK, focusing on conventional loans, builder financing, and construction-to-permanent loans for homebuyers and investors.
From the company's website. Industry: Finance and insurance.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Michael Hobson this business | $1.1M | — |
| Greg Ellis - State Farm Norman | $806K | 0.0 mi |
| GREG ELLIS INSURANCE AGENCY, INC. Norman · 9 employees | $2.2M | 0.1 mi |
| State Farm Norman | $806K | 0.1 mi |
| Union Home Mortgage Norman | $3.2M | 0.1 mi |
| GLOBAL DEALER SERVICES, LLC Norman · 7 employees | $1.7M | 0.1 mi |
| JEHOVAH JIREH INSURANCE AGENCY, LLC Norman · 3 employees | $4.7M | 0.1 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 industry | 3× |
| 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
History & advisors
“Since our inception in 1970, Union Home Mortgage has guided hundreds of thousands of aspiring homebuyers through the process of achieving homeownership.”
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.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Michael Hobson
Michael Hobson is a finance and insurance company in Norman, Oklahoma, in business since 1970. It is owned by Bill Cosgrove (CEO). 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 Michael Hobson?
- Michael Hobson is owned by Bill Cosgrove (CEO), according to public sources such as the company's website or filings.
- How much revenue does Michael Hobson make?
- SeeBITDA estimates Michael Hobson'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 Michael Hobson 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 Michael Hobson founded?
- Michael Hobson has been in business since 1970.
- Is Michael Hobson for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 56 years (since 1970); no family successor named on its website.