Hopeton Wesleyan Church
How we got $527K
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Hopeton Church is a church that holds Sunday morning services, Wednesday food and fellowship, and Sunday evening Extreme Youth gatherings, with services also streamed online.
From the company's website. Industry: Churches & nonprofits.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| HOPETON WESLEYAN CHURCH this business | $527K | — |
| WESLEY FOUNDATION HOUSE NWOSU Alva · 1 employees | $116K | 7.6 mi |
| WESLEY FOUNDATION Alva · 1 employees | $116K | 7.6 mi |
| ALVA FIRST ASSEMBLY OF GOD CHURCH Alva · 2 employees | $415K | 7.7 mi |
| FIRST UNITED METHODIST CHURCH OF ALVA Alva · 12 employees | $1.1M | 7.9 mi |
| PRAIRIE VALLEY UNITED METHODIST CHURCH Carmen · 1 employees | $84K | 13.5 mi |
| FIRST UNITED METHODIST CHURCH OF WAYNOKA Waynoka · 2 employees | $227K | 13.8 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $702K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $892K |
| Estimate: the two combined (geometric mean) | $527K |
| EBITDA margin (industry, adjusted for size) | 36% |
| EBITDA = revenue × margin | $191K |
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 | $346K – $601K |
| EBITDA range | $125K – $217K |
| 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
History & advisors
Advisors
- BankingAlva State Bank & 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 Roles are as stated there and may be out of date.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
| Alva State Bank & Trust Company PPP 2020 | All 172 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 | $22K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Hopeton Wesleyan Church
Hopeton Wesleyan Church is a churches & nonprofits company in Hopeton, Oklahoma, in business since 2013. Its estimated annual revenue is about $527K, with roughly $191K of EBITDA. It has about 4 employees.
Common questions
- Who owns Hopeton Wesleyan Church?
- The owner of Hopeton Wesleyan 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 Hopeton Wesleyan Church make?
- SeeBITDA estimates Hopeton Wesleyan Church's annual revenue at about $527K (likely between $346K and $601K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- How many employees does Hopeton Wesleyan Church have?
- About 4, as reported on its PPP loan.
- When was Hopeton Wesleyan Church founded?
- Hopeton Wesleyan Church has been in business since 2013.