How we got $604K
Based on its 7 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| ASCENT CHURCH, INC. this business | $604K | — |
| FIRST BAPTIST CHURCH OF SHARON Sharon · 4 employees | $400K | 1.8 mi |
| SHARON UNITED METHODIST CHURCH Sharon · 1 employees | $144K | 2.0 mi |
| WOODWARD FIRST BAPTIST CHURCH Woodward · 23 employees | $2.7M | 7.2 mi |
| WOODWARD CHURCH OF CHRIST Woodward · 4 employees | $657K | 7.4 mi |
| THE FIRST UNITED METHODIST CHURCH OF WOODWARD, OK INC Woodward · 15 employees | $1.8M | 8.3 mi |
| IGNITE WOODWARD, INC Woodward · 3 employees | $280K | 9.1 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $744K |
| Estimate: the two combined (geometric mean) | $604K |
| EBITDA margin (industry, adjusted for size) | 36% |
| EBITDA = revenue × margin | $219K |
Calibrated: revenue lowered to 57% of the industry-average estimate, to match what businesses in this industry actually report.
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 | $398K – $689K |
| EBITDA range | $144K – $249K |
| Industry (NAICS) | Religious, Grantmaking, Civic, Professional, and Similar Organizations (813110) |
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
Advisors
- BankingBank 7PPP / 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 Roles are as stated there and may be out of date.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
| Bank 7 PPP 2020, PPP 2021 | All 400 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $18K | 7 |
| 1/21/2021 | second | $18K | 5 |
About Ascent Church, Inc.
Ascent Church, Inc. is a churches & nonprofits company in Sharon, Oklahoma. Its estimated annual revenue is about $604K, with roughly $219K of EBITDA. It has about 7 employees.
Common questions
- Who owns Ascent Church, Inc.?
- The owner of Ascent Church, 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 Ascent Church, Inc. make?
- SeeBITDA estimates Ascent Church, Inc.'s annual revenue at about $604K (likely between $398K and $689K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- How many employees does Ascent Church, Inc. have?
- About 7, as reported on its PPP loan.