First Baptist Church
How we got $4.7M
Based on its 31 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
FBC Newcastle is a church in Newcastle, OK that offers Sunday worship, small groups, midweek programs and ministries for people of all ages, aiming for worshippers to worship the Lord, fellowship, be challenged from God's Word and leave changed.
From the company's website. Industry: Churches & nonprofits.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| FIRST BAPTIST CHURCH this business | $4.7M | — |
| NEWCASTLE CHRISTIAN CHURCH Newcastle · 7 employees | $835K | 2.9 mi |
| SOULS OF THE LIGHT MINISTRIES INTERNATIONAL INC Newcastle · 3 employees | $325K | 3.7 mi |
| EAGLE HEIGHTS CHURCH, A SOUTHERN BAPTIST FELLOWSHIP INC Oklahoma City · 6 employees | $1.9M | 4.0 mi |
| KINGSVIEW FREE WILL BAPTIST CHURCH Oklahoma City · 3 employees | $474K | 4.8 mi |
| EMMAUS BAPTIST CHURCH Oklahoma City · 42 employees | $5.1M | 5.0 mi |
| SNOW HILL BAPTIST CHURCH Tuttle · 11 employees | $1.3M | 5.4 mi |
The full calculation
| Employees reported to the SBA | 31 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $6.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $8.4M |
| Estimate: the two combined (geometric mean) | $4.7M |
| EBITDA margin (industry, adjusted for size) | 26% |
| EBITDA = revenue × margin | $1.2M |
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 | $3.1M – $5.4M |
| EBITDA range | $814K – $1.4M |
| 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
Leadership
- JFJEREMY FREEMANLead Pastor + Elder · Company website · source
- CDCORRY DUNCANChildren's Minister · Company website · source
- DBDUSTIN BUTLERMiddle School Minister · Company website · source
- LBLACY BALLARDLead Ministry Assistant · Company website · source
- NPNATHAN PRESLEYExecutive Pastor + Elder · Company website · source
- KPKYLER PREWITTMedia Director · Company website · source
- JPJESSIE PREWITTCommunications Director · Company website · source
- AWAPRIL WADEJoyful Noise Director · Company website · source
- MKMICAH KERSHWorship Pastor + Elder · Company website · source
- RPRONDA PINKERTONSenior Adult + Women's Minister · Company website · source
- KMKRISTI MURPHEYFinancial Coordinator · Company website · source
- JLJERALD LEWISFacility Manager · Company website · source
Advisors
- BankingThe First National Bank and Trust Co, Chickasha, OklahomaPPP / 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
| The First National Bank and Trust Co, Chickasha, Oklahoma PPP 2020 | All 478 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 | $209K | 31 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About First Baptist Church
First Baptist Church is a churches & nonprofits company in Newcastle, Oklahoma, in business since 2003. Its estimated annual revenue is about $4.7M, with roughly $1.2M of EBITDA. It has about 31 employees.
Common questions
- Who owns First Baptist Church?
- The owner of First Baptist 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 First Baptist Church make?
- SeeBITDA estimates First Baptist Church's annual revenue at about $4.7M (likely between $3.1M and $5.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- How many employees does First Baptist Church have?
- About 31, as reported on its PPP loan.
- When was First Baptist Church founded?
- First Baptist Church has been in business since 2003.