Spurr Mortgage Corporation
- Jennifer BuffintonSr. VP / Sr. Loan Officer · Company website
- Perry FathereeVP / Sr. Loan Officer · Company website
- Jennifer BuffingtonPartner · Company website
- Roland FletcherLoan Officer · Company website
- Mandie MauldinLoan Officer · Company website
How we got $1.9M
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 29 years (since 1997)
- Family in the business (Richard Spurr, Senior Land Specialist)
From public records and the company's website, not a statement that it's for sale.
What they do
Spurr Mortgage is an Edmond, Oklahoma mortgage broker that finances land, home purchases, and construction loans for Oklahoma families. It says it is currently serving Oklahoma, Kansas, Missouri and Arkansas.
From the company's website. Industry: Mortgage and Nonmortgage Loan Brokers.
Estimated value over time
▲ 3% 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 |
|---|---|---|
| SPURR MORTGAGE CORPORATION this business | $1.1M | — |
| Western Union Edmond | $1.1M | 0.3 mi |
| Check Into Cash Edmond | $1.1M | 0.5 mi |
| Serita Donnell - Mortgage Banker,NMLS#1332744 - Bank of Oklahoma Mortgage Edmond | $1.1M | 0.9 mi |
| Western Union Edmond | $1.1M | 1.0 mi |
| J ARMSTRONG REAL ESTATE LLC Edmond · 1 employees | $509K | 1.0 mi |
| Darin Darling - Chase Home Lending Advisor - NMLS ID 514140 Edmond | $1.1M | 1.1 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $978K |
| Estimate: the two combined (geometric mean) | $1.1M |
| EBITDA margin (industry, adjusted for size) | 45% |
| EBITDA = revenue × margin | $509K |
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 | $1.9M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.0M – $2.6M |
| Revenue range | $744K – $1.3M |
| EBITDA range | $335K – $581K |
| Industry (NAICS) | Mortgage and Nonmortgage Loan Brokers (522310) |
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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
Advisors
- BankingLegacy 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
| Legacy Bank PPP 2020 | All 727 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $34K | 3 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Spurr Mortgage Corporation
Spurr Mortgage Corporation is a mortgage and nonmortgage loan brokers company in Edmond, Oklahoma, in business since 1997. It is owned by Harold Spurr (Owner / President). Its estimated annual revenue is about $1.1M, with roughly $509K of EBITDA. It has about 3 employees. Its estimated business value is $1.9M (likely range $1.0M–$2.6M).
Common questions
- Who owns Spurr Mortgage Corporation?
- Spurr Mortgage Corporation is owned by Harold Spurr (Owner / President), according to public sources such as the company's website or filings.
- How much revenue does Spurr Mortgage Corporation make?
- SeeBITDA estimates Spurr Mortgage Corporation's annual revenue at about $1.1M (likely between $744K and $1.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Spurr Mortgage Corporation worth?
- About $1.9M, roughly 3.8× its estimated EBITDA of $509K, typical for a mortgage and nonmortgage loan brokers company its size. Likely range: $1.0M–$2.6M.
- How many employees does Spurr Mortgage Corporation have?
- About 3, as reported on its PPP loan.
- When was Spurr Mortgage Corporation founded?
- Spurr Mortgage Corporation has been in business since 1997.