Covenant Cumberland Presbyterian Church
How we got $428K
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Covenant Church of Ada is a Cumberland Presbyterian congregation in the Latta community southwest of Ada, Oklahoma, offering worship services, Sunday School ministries, sermons, and missions. The pages describe it as a church congregation rather than a commercial business.
From the company's website. Industry: Churches & nonprofits.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| COVENANT CUMBERLAND PRESBYTERIAN CHURCH this business | $428K | — |
| MORRIS MEMORIAL BAPTIST C HURCH Ada · 4 employees | $431K | 0.4 mi |
| MORRIS MEMORIAL BAPTIST CHURCH Ada · 5 employees | $564K | 0.4 mi |
| ADA CHURCH OF THE NAZARENE Ada · 3 employees | $357K | 1.3 mi |
| FIRST UNITED METHODIST CHURCH OF ADA Ada · 13 employees | $132K | 1.7 mi |
| H2OCHURCH.CC CORPORATION Ada · 45 employees | $10.7M | 1.9 mi |
| ASBURY UNITED METHODIST CHURCH, ADA Ada · 4 employees | $472K | 2.0 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $701K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $612K |
| Estimate: the two combined (geometric mean) | $428K |
| EBITDA margin (industry, adjusted for size) | 42% |
| EBITDA = revenue × margin | $182K |
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 | $282K – $488K |
| EBITDA range | $119K – $207K |
| 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
People & advisors
Advisors
- BankingCitizens Bank of AdaPPP / 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
| Citizens Bank of Ada PPP 2020, PPP 2021 | All 171 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $15K | 1 |
| 1/26/2021 | second | $24K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Covenant Cumberland Presbyterian Church
Covenant Cumberland Presbyterian Church is a churches & nonprofits company in Ada, Oklahoma, in business since 2018. Its estimated annual revenue is about $428K, with roughly $182K of EBITDA. It has about 4 employees.
Common questions
- Who owns Covenant Cumberland Presbyterian Church?
- The owner of Covenant Cumberland Presbyterian Church 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 Covenant Cumberland Presbyterian Church make?
- SeeBITDA estimates Covenant Cumberland Presbyterian Church's annual revenue at about $428K (likely between $282K and $488K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- How many employees does Covenant Cumberland Presbyterian Church have?
- About 4, as reported on its PPP loan.
- When was Covenant Cumberland Presbyterian Church founded?
- Covenant Cumberland Presbyterian Church has been in business since 2018.