Family Life Church Altus Inc
How we got $635K
Based on its 3 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 18 years (since 2008)
From public records and the company's website, not a statement that it's for sale.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| FAMILY LIFE CHURCH ALTUS INC this business | $635K | — |
| PRINCE OF PEACE CATHOLIC CHURCH Altus · 6 employees | $627K | 0.3 mi |
| TAMARACK ROAD CHURCH OF CHRIST Altus · 3 employees | $390K | 1.2 mi |
| GRACE UNITED METHODIST CHURCH Altus · 21 employees | $3.8M | 1.5 mi |
| ALTUS CHURCH OF GOD Altus · 1 employees | $142K | 1.6 mi |
| THE FIRST BAPTIST CHURCH OF ALTUS Altus · 37 employees | $7.7M | 1.7 mi |
| ELM & HUDSON CHURCH OF CHRIST Altus · 5 employees | $539K | 1.7 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $526K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $589K |
| Estimate: the two combined (geometric mean) | $635K |
| EBITDA margin (industry, adjusted for size) | 42% |
| EBITDA = revenue × margin | $269K |
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 | $418K – $724K |
| EBITDA range | $177K – $307K |
| 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
- BankingShamrock Bank, National AssociationPPP / 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 Roles are as stated there and may be out of date.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
| Shamrock Bank, National Association PPP 2021 | All 130 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/18/2021 | first | $14K | 3 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Family Life Church Altus Inc
Family Life Church Altus Inc is a churches & nonprofits company in Altus, Oklahoma, in business since 2008. Its estimated annual revenue is about $635K, with roughly $269K of EBITDA. It has about 3 employees.
Common questions
- Who owns Family Life Church Altus Inc?
- The owner of Family Life Church Altus 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 Family Life Church Altus Inc make?
- SeeBITDA estimates Family Life Church Altus Inc's annual revenue at about $635K (likely between $418K and $724K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- How many employees does Family Life Church Altus Inc have?
- About 3, as reported on its PPP loan.
- When was Family Life Church Altus Inc founded?
- Family Life Church Altus Inc has been in business since 2008.