Gateway Mortgage
How we got $17.6M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
What they do
Gateway First Bank is a bank offering personal, business, mortgage, commercial, trust and wealth services, with a page describing its estate planning trust services. Its pages describe an FDIC-insured, Equal Housing Lender bank.
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.
- T-MAC FARMS FAMILY LIMITED PARTNERSHIP · Wayne, 51 mi · $9.9M
- MORTON CATTLE COMPANY, LLC · Stratford, 46 mi · $8.4M
- MORTON FARMS LLC · Stratford, 46 mi · $8.4M
- DANWELL COMPANIES. LLC · Durant, 44 mi · $8.1M
- NORTHCUTT'S GREENLAWN, L.L.C. · Lexington, 62 mi · $8.0M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Gateway Mortgage this business | $10.7M | — |
| Wendall Ritchey - State Farm Insurance Agent Ardmore | $806K | 0.0 mi |
| Tim Longest Insurance Inc Ardmore | $806K | 0.0 mi |
| 1NB Ardmore | $1.9M | 0.1 mi |
| Check 'n Go Ardmore | $1.1M | 0.1 mi |
| First National Bank Ardmore | $1.9M | 0.1 mi |
| BARRY L BOWKER INC Ardmore · 3 employees | $745K | 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 | $17.6M |
| Multiple for this size and industry | 5.5× |
| Value range | $5.8M – $28.6M |
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 (30%). Treat these as a rough guide.
| Revenue range | $4.4M – $14.5M |
| EBITDA range | $1.3M – $4.3M |
| 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
People & advisors
Leadership
- BSBruce SchultzCommunity Development & CRA Lending · Company website · source
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.
11 locations
| 1122 W Broadway St | Ardmore | This listing |
| 803 E Main St | Ada | View |
| 223 N 3rd Ave | Durant | View |
| 1931 W 33rd St | Edmond | View |
| 1006 W Cherry Ave | Enid | View |
| 244 S Gateway Pl | Jenks | View |
| 708 24th Ave NW Ste 400 | Norman | View |
| 10400 Vineyard Blvd Ste H100 | Oklahoma City | View |
| 9500 N 129th East Ave Ste 235 | Owasso | View |
| 1717 N Peoria Ave Ste 11 | Tulsa | View |
| 6910 E 14th St | Tulsa | 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 Gateway Mortgage
Gateway Mortgage is a finance and insurance company in Ardmore, Oklahoma, in business since 2018. Its estimated annual revenue is about $10.7M, with roughly $3.2M of EBITDA. Its estimated business value is $17.6M (likely range $5.8M–$28.6M). It has 11 locations.
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 $10.7M (likely between $4.4M and $14.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Gateway Mortgage worth?
- About $17.6M, roughly 5.5× its estimated EBITDA of $3.2M, typical for a finance and insurance company its size. Likely range: $5.8M–$28.6M.
- When was Gateway Mortgage founded?
- Gateway Mortgage has been in business since 2018.