Grace Evangelical Lutheran Church Inc
How we got $121K
Based on 1 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
What they do
Grace Lutheran Church is a Lutheran church in Norman, Oklahoma, offering worship services and Bible class and Sunday School. It is home to the Thorn Bush Autism support group and Jesus Cares Ministries for developmentally disabled people and their families.
From the company's website. Industry: Churches & nonprofits.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| GRACE EVANGELICAL LUTHERAN CHURCH INC this business | $121K | — |
| MISSION GENERATION, INC. Norman · 3 employees | $778K | 1.2 mi |
| SUMMIT COVENANT CHURCH Norman · 55 employees | $5.3M | 1.3 mi |
| FIRST CONGREGATIONAL CHURCH OF NORMAN UCC, INC Norman · 5 employees | $629K | 1.3 mi |
| PARADIGM CHURCH INC Norman · 10 employees | $1.8M | 1.4 mi |
| IGLESIA PUEBLO DE DIOS INC Norman · 1 employees | $241K | 1.5 mi |
| WESTSIDE CHURCH OF CHRIST Norman · 8 employees | $1.5M | 1.5 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Industry revenue per employee | $560K |
| Revenue = employees × revenue per employee | $121K |
| EBITDA margin (industry, adjusted for size) | 42% |
| EBITDA = revenue × margin | $51K |
| Cross-check: revenue implied by PPP payroll | $589K |
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 | $72K – $143K |
| EBITDA range | $30K – $61K |
| 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
- 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 |
|---|---|---|---|
| 7/17/2020 | first | $14K | 1 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Grace Evangelical Lutheran Church Inc
Grace Evangelical Lutheran Church Inc is a churches & nonprofits company in Norman, Oklahoma, in business since 2010. Its estimated annual revenue is about $121K, with roughly $51K of EBITDA. It has about 1 employees.
Common questions
- Who owns Grace Evangelical Lutheran Church Inc?
- The owner of Grace Evangelical Lutheran Church 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 Grace Evangelical Lutheran Church Inc make?
- SeeBITDA estimates Grace Evangelical Lutheran Church Inc's annual revenue at about $121K (likely between $72K and $143K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- How many employees does Grace Evangelical Lutheran Church Inc have?
- About 1, as reported on its PPP loan.
- When was Grace Evangelical Lutheran Church Inc founded?
- Grace Evangelical Lutheran Church Inc has been in business since 2010.