New Beginnings Church of Madill, Inc.
How we got $315K
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| NEW BEGINNINGS CHURCH OF MADILL, INC. this business | $315K | — |
| FIRST BAPTIST CHURCH Madill · 8 employees | $1.3M | 0.3 mi |
| FIRST UNITED METHODIST CHURCH, MADILL Madill · 6 employees | $615K | 0.4 mi |
| MADILL CHURCH OF CHRIST, INC Madill · 6 employees | $560K | 0.5 mi |
| MADILL CHURCH OF THE NAZARENE Madill · 1 employees | $85K | 0.5 mi |
| JOHNSTON MARSHALL BAPTIST ASSOCIATION Madill · 2 employees | $302K | 4.4 mi |
| FIRST BAPTIST CHURCH KINGSTON, OKLAHOMA Kingston · 3 employees | $323K | 6.5 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $701K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $332K |
| Estimate: the two combined (geometric mean) | $315K |
| EBITDA margin (industry, adjusted for size) | 42% |
| EBITDA = revenue × margin | $134K |
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 | $207K – $359K |
| EBITDA range | $88K – $152K |
| 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
People & 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 Roles are as stated there and may be out of date.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 |
|---|---|---|---|
| 4/10/2020 | first | $8K | 4 |
About New Beginnings Church of Madill, Inc.
New Beginnings Church of Madill, Inc. is a churches & nonprofits company in Madill, Oklahoma. Its estimated annual revenue is about $315K, with roughly $134K of EBITDA. It has about 4 employees.
Common questions
- Who owns New Beginnings Church of Madill, Inc.?
- The owner of New Beginnings Church of Madill, 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 New Beginnings Church of Madill, Inc. make?
- SeeBITDA estimates New Beginnings Church of Madill, Inc.'s annual revenue at about $315K (likely between $207K and $359K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- How many employees does New Beginnings Church of Madill, Inc. have?
- About 4, as reported on its PPP loan.