First Baptist Church of Norman Oklahoma
How we got $10.5M
Based on its 105 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 Norman is a church that aims to love people and teach them to live as followers of Jesus Christ, offering worship, LifeGroups, and ministries for children, youth, university, adults and community members.
From the company's website. Industry: Churches & nonprofits.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| FIRST BAPTIST CHURCH OF NORMAN OKLAHOMA this business | $10.5M | — |
| FIRST CHRISTIAN CHURCH (DESCIPLES OF CHRIST) OF NORMAN, OKLA Norman · 43 employees | $4.2M | 0.1 mi |
| MCFARLIN MEMORIAL UNITED METHODIST CHURCH Norman · 122 employees | $14.2M | 0.2 mi |
| EMBER MINISTRIES, INC. Norman · 3 employees | $371K | 0.4 mi |
| CROSSOVER MINISTRIES ASSOCIATION Norman · 1 employees | $589K | 0.5 mi |
| OKLAHOMA B'NAI B'RITH HILLEL FOUNDATION Norman · 3 employees | $3.1M | 0.6 mi |
| TRINITY LUTHERAN CHURCH Norman · 25 employees | $3.2M | 0.6 mi |
The full calculation
| Employees reported to the SBA | 105 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $26.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $9.3M |
| Estimate: the two combined (geometric mean) | $10.5M |
| EBITDA margin (industry, adjusted for size) | 24% |
| EBITDA = revenue × margin | $2.6M |
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 | $6.9M – $12.0M |
| EBITDA range | $1.7M – $2.9M |
| 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
- BankingArmstrong 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
| Armstrong Bank PPP 2020 | All 1,355 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $236K | 105 |
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 Norman Oklahoma
First Baptist Church of Norman Oklahoma is a churches & nonprofits company in Norman, Oklahoma, in business since 1997. Its estimated annual revenue is about $10.5M, with roughly $2.6M of EBITDA. It has about 105 employees.
Common questions
- Who owns First Baptist Church of Norman Oklahoma?
- The owner of First Baptist Church of Norman Oklahoma 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 Norman Oklahoma make?
- SeeBITDA estimates First Baptist Church of Norman Oklahoma's annual revenue at about $10.5M (likely between $6.9M and $12.0M), 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 Norman Oklahoma have?
- About 105, as reported on its PPP loan.
- When was First Baptist Church of Norman Oklahoma founded?
- First Baptist Church of Norman Oklahoma has been in business since 1997.