First Baptist Church of Hugo
How we got $657K
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
First Baptist Church of Hugo is a church that holds Sunday worship, Sunday school, and Wednesday and Thursday programs, with a focus on making disciples for Christ.
From the company's website. Industry: Churches & nonprofits.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| FIRST BAPTIST CHURCH OF HUGO this business | $657K | — |
| HUGO FIRST UNITED METHODIST CHURCH Hugo · 2 employees | $238K | 0.1 mi |
| THE ETERNAL LIFE FELLOWSHIP CHURCH, INCORPORATED Hugo · 1 employees | $120K | 0.4 mi |
| FIRST CHURCH OF THE NAZARENE Hugo · 1 employees | $119K | 0.6 mi |
| UNITY BAPTIST CHURCH Hugo · 3 employees | $325K | 0.8 mi |
| FRISCO BAPTIST ASSOCIATION, INC. Hugo · 2 employees | $395K | 1.0 mi |
| FIRST BAPTIST CHURCH GRANT, INCORPORATED Grant · 1 employees | $116K | 4.6 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $822K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.2M |
| Estimate: the two combined (geometric mean) | $657K |
| EBITDA margin (industry, adjusted for size) | 36% |
| EBITDA = revenue × margin | $238K |
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 | $432K – $750K |
| EBITDA range | $156K – $271K |
| 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
- BankingFirst United Bank and Trust CompanyPPP / 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 Roles are as stated there and may be out of date.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 United Bank and Trust Company PPP 2020 | All 2,229 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $30K | 5 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About First Baptist Church of Hugo
First Baptist Church of Hugo is a churches & nonprofits company in Hugo, Oklahoma, in business since 2004. Its estimated annual revenue is about $657K, with roughly $238K of EBITDA. It has about 5 employees.
Common questions
- Who owns First Baptist Church of Hugo?
- The owner of First Baptist Church of Hugo 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 First Baptist Church of Hugo make?
- SeeBITDA estimates First Baptist Church of Hugo's annual revenue at about $657K (likely between $432K and $750K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- How many employees does First Baptist Church of Hugo have?
- About 5, as reported on its PPP loan.
- When was First Baptist Church of Hugo founded?
- First Baptist Church of Hugo has been in business since 2004.