SeeBITDAOklahoma

Heartland Baptist Bible College Inc

Educational Services
  • 4700 NW 10TH ST, Oklahoma City, OK
Nonprofit
Estimated revenueMedium confidence
$11.8M
$7.7Mlikely range$13.4M
Revenue
$11.8M
a year
Profit (EBITDA)
$1.8M
15% of revenue
Employees
94
reported in 2020
Owner not found yet
We haven't found the owner in public records
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Contact
Find the owner on RocketReach Request removal or correction

How we got $11.8M

Based on its 94 employees and its payroll, both reported for PPP in 2020 and brought up to date.

94 employees × $164K each$15.4M
PPP payroll ÷ payroll's usual share of revenue$12.7M
Calibrated to real figures in its industry, shown toward the top of its range×0.84
Revenue$11.8M
× 15% profit margin$1.8M

· Own this business? Correct these figures

What we know

PPP loan, 2020
401(k) filing, 2025
No reported financials
No website found
Owner not found

Employees over time

▼ 82% since 2020
01002002020202120222023202420259417
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan94$9.6M$1.4M
2020Form 550018$1.8M$277K
2021Form 550018$1.8M$277K
2022Form 550021$2.1M$323K
2023Form 550018$1.8M$277K
2024Form 550016$1.6M$246K
2025Form 550017$1.7M$262K

Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
HEARTLAND BAPTIST BIBLE COLLEGE INC
this business
$11.8M$1.8M—
SOUTHERN NAZARENE UNIVERSITY
Bethany · 493 employees
$72.1M$8.9M2.8 mi
SOUTHWESTERN CHRISTIAN UNIVERSITY, INC.
Bethany · 285 employees
$10.7M$1.5M3.0 mi
GRADUATE THEOLOGICAL FOUNDATION
Oklahoma City · 9 employees
$2.7M$510K5.5 mi
OKLAHOMA CITY INNOVATION DISTRICT, INC.
Oklahoma City · 3 employees
$9.6M$1.5M5.6 mi
MADE IN OKLAHOMA SCHOOL OF DENTAL ASSISTING
Oklahoma City · 10 employees
$1.5M$310K7.6 mi
MID-AMERICA CHRISTIAN UNIVERSITY, INC
Oklahoma City · 349 employees
$38.6M$5.4M9.1 mi

The full calculation

Employees reported to the SBA94
Revenue from headcount (employees × revenue per employee for companies this size)$15.4M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$12.7M
Estimate: the two combined (geometric mean)$11.8M
EBITDA margin (industry, adjusted for size)15%
EBITDA = revenue × margin$1.8M

Calibrated: revenue lowered to 74% 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$7.7M – $13.4M
EBITDA range$1.2M – $2.0M
Industry (NAICS)Educational Services (611310)

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

  • WS
    Warren Scruggs
    Signed for the company · 2025 retirement-plan filing (Form 5500)

Advisors

  • BankingFirst Fidelity 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

First Fidelity Bank
PPP 2020
All 940 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/6/2020first$545K$549K94First Fidelity Bank

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Heartland Baptist Bible College Inc

Heartland Baptist Bible College Inc is an educational services company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $11.8M, with roughly $1.8M of EBITDA. It has about 17 employees.

Common questions

Who owns Heartland Baptist Bible College Inc?
The owner of Heartland Baptist Bible College 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 Heartland Baptist Bible College Inc make?
SeeBITDA estimates Heartland Baptist Bible College Inc's annual revenue at about $11.8M (likely between $7.7M and $13.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
How many employees does Heartland Baptist Bible College Inc have?
About 17, from its 2025 retirement-plan filing.