Sungate Neighbors Inc
How we got $8.4M
Based on 21 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
Signs of a sale Some signs of a sale
- In business 62 years (since 1964)
From public records and the company's website, not a statement that it's for sale.
What they do
Sungate Neighbors Inc is a residential community association in Tulsa, OK that runs a neighborhood swimming pool and community events for its residents.
From the company's website. Industry: Churches & nonprofits.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SUNGATE NEIGHBORS INC this business | $8.4M | — |
| SPROUTS CHILD DEVELOPMENT INITIATIVE, INC. Tulsa · 7 employees | $2.3M | 0.8 mi |
| TULSA EXECUTIVES ASSOCIATION Tulsa · 1 employees | $315K | 0.8 mi |
| TULSA EXECUTIVE ASSOCIATION Tulsa · 1 employees | $314K | 0.9 mi |
| PETROLEUM EQUIPMENT INSTITUTE Tulsa · 10 employees | $5.4M | 1.5 mi |
| TULSA APARTMENT ASSOCIATION Tulsa · 3 employees | $471K | 1.9 mi |
| Neowta Tulsa | $1.8M | 2.0 mi |
The full calculation
| Employees reported to the SBA | 21 |
| Industry revenue per employee | $169K |
| Revenue = employees × revenue per employee | $8.4M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $2.5M |
| Cross-check: revenue implied by PPP payroll | $1.7M |
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.
| Revenue range | $4.9M – $9.9M |
| EBITDA range | $1.5M – $3.0M |
| Industry (NAICS) | Other Similar Organizations (except Business, Professional, Labor, and Political Organizations) (813990) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
History & advisors
“When the Sungate Addition Development was started in 1963, the developers elected to include a common area park and swimming pool for the use and enjoyment of the residents.”
Advisors
- BankingSecurity 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
| Security Bank PPP 2020 | All 617 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/18/2020 | first | $36K | 21 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Sungate Neighbors Inc
Sungate Neighbors Inc is a churches & nonprofits company in Tulsa, Oklahoma, in business since 1964. Its estimated annual revenue is about $8.4M, with roughly $2.5M of EBITDA. It has about 21 employees.
Common questions
- Who owns Sungate Neighbors Inc?
- The owner of Sungate Neighbors Inc 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 Sungate Neighbors Inc make?
- SeeBITDA estimates Sungate Neighbors Inc's annual revenue at about $8.4M (likely between $4.9M and $9.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- How many employees does Sungate Neighbors Inc have?
- About 21, as reported on its PPP loan.
- When was Sungate Neighbors Inc founded?
- Sungate Neighbors Inc has been in business since 1964.