Bethany First Church of the Nazarene
How we got $11.5M
Based on its 62 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Bethany First Church of the Nazarene is a church in Bethany, Oklahoma that invites visitors and offers ministries to help people become more like Jesus and come to know Him.
From the company's website. Industry: Churches & nonprofits.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| BETHANY FIRST CHURCH OF THE NAZARENE this business | $11.5M | — |
| NEW COVENANT FELLOWSHIP OF OKLAHOMA INC Bethany · 10 employees | $2.2M | 0.2 mi |
| INTERNATIONAL PENTECOSTAL HOLINESS CHURCH, INC. Bethany · 73 employees | $24.5M | 0.6 mi |
| CHURCH OF CHRIST OF BETHANY INC Bethany · 2 employees | $389K | 0.7 mi |
| PUTNAM CITY UNITED METHODIST CHURCH Warr Acres · 10 employees | $819K | 0.8 mi |
| BETHANY ** CALVARY CHURCH OF THE NAZARENE Bethany · 14 employees | $1.6M | 0.8 mi |
| CITY CENTER OUTREACH INC Warr Acres · 10 employees | $959K | 0.8 mi |
The full calculation
| Employees reported to the SBA | 62 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $12.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $24.2M |
| Estimate: the two combined (geometric mean) | $11.5M |
| EBITDA margin (industry, adjusted for size) | 24% |
| EBITDA = revenue × margin | $2.8M |
Calibrated: revenue lowered to 58% 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 | $7.6M – $13.2M |
| EBITDA range | $1.9M – $3.2M |
| 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
“In 1909, the town of Bethany was built by C.B. Jernigan, his wife Johnny, and other Nazarenes in the area.”
Advisors
- BankingFirst Bethany Bank & TrustPPP / 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
| First Bethany Bank & Trust PPP 2020 | All 186 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $604K | 62 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Bethany First Church of the Nazarene
Bethany First Church of the Nazarene is a churches & nonprofits company in Bethany, Oklahoma, in business since 1909. Its estimated annual revenue is about $11.5M, with roughly $2.8M of EBITDA. It has about 62 employees.
Common questions
- Who owns Bethany First Church of the Nazarene?
- The owner of Bethany First Church of the Nazarene 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 Bethany First Church of the Nazarene make?
- SeeBITDA estimates Bethany First Church of the Nazarene's annual revenue at about $11.5M (likely between $7.6M and $13.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- How many employees does Bethany First Church of the Nazarene have?
- About 62, as reported on its PPP loan.
- When was Bethany First Church of the Nazarene founded?
- Bethany First Church of the Nazarene has been in business since 1909.