Covenant Presbyterian Church
How we got $650K
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 Presbyterian Church is a church in Oklahoma City offering worship, music, impact and kids programs. The site shows its address and office hours but does not describe its congregation in detail.
From the company's website. Industry: Churches & nonprofits.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| COVENANT PRESBYTERIAN CHURCH this business | $650K | — |
| VILLAGE UNITED METHODIST CHURCH Oklahoma City · 16 employees | $1.2M | 0.5 mi |
| OPEN GATE CHURCH Oklahoma City · 1 employees | $208K | 0.5 mi |
| CHABAD JEWISH CENTER OF GREATER OKLAHOMA CITY, INC. Oklahoma City · 7 employees | $795K | 0.8 mi |
| NEWSONG PEOPLE INC Oklahoma City · 12 employees | $3.1M | 1.1 mi |
| GREGORY FRIZZELL PRAYER & RENEWAL MINISTRIES, INC. Oklahoma City · 2 employees | $97K | 1.3 mi |
| REAL CHURCH, INC. Oklahoma City · 6 employees | $845K | 1.3 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $702K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.4M |
| Estimate: the two combined (geometric mean) | $650K |
| EBITDA margin (industry, adjusted for size) | 36% |
| EBITDA = revenue × margin | $235K |
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 | $427K – $741K |
| EBITDA range | $155K – $268K |
| Industry (NAICS) | Religious, Grantmaking, Civic, Professional, and Similar Organizations (813110) |
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
Advisors
- BankingCross River 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
| Cross River Bank PPP 2020 | All 589 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/30/2020 | first | $34K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Covenant Presbyterian Church
Covenant Presbyterian Church is a churches & nonprofits company in The Village, Oklahoma, in business since 2009. Its estimated annual revenue is about $650K, with roughly $235K of EBITDA. It has about 4 employees.
Common questions
- Who owns Covenant Presbyterian Church?
- The owner of Covenant 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 Presbyterian Church make?
- SeeBITDA estimates Covenant Presbyterian Church's annual revenue at about $650K (likely between $427K and $741K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- How many employees does Covenant Presbyterian Church have?
- About 4, as reported on its PPP loan.
- When was Covenant Presbyterian Church founded?
- Covenant Presbyterian Church has been in business since 2009.