New Hope Worship Center
How we got $602K
Based on its 6 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 HOPE WORSHIP CENTER this business | $602K | — |
| INTERNATIONAL FELLOWSHIP OF BIBLE CHURCHES INC Oklahoma City · 2 employees | $284K | 0.0 mi |
| SUSIE SHELLENBERGER MINISTRIES, INC. Okc · 1 employees | $326K | 0.3 mi |
| UNITED LIFE CHURCH OF RELIGIOUS SCIENCE, LLC Oklahoma City · 4 employees | $289K | 0.3 mi |
| ISLAMIC SOCIETY OF GREATER OKLAHOMA CITY Oklahoma City · 6 employees | $822K | 0.9 mi |
| PUTMAN CITY CHRISTIAN CHURCH Warr Acres · 12 employees | $1.5M | 1.2 mi |
| CITY CENTER OUTREACH INC Warr Acres · 10 employees | $959K | 1.2 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $986K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $862K |
| Estimate: the two combined (geometric mean) | $602K |
| EBITDA margin (industry, adjusted for size) | 36% |
| EBITDA = revenue × margin | $218K |
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 | $396K – $687K |
| EBITDA range | $143K – $249K |
| 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
Advisors
- BankingFirst Bethany Bank & TrustPPP / 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 Roles are as stated there and may be out of date.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 Bethany Bank & Trust PPP 2020 | All 186 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $21K | 6 |
About New Hope Worship Center
New Hope Worship Center is a churches & nonprofits company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $602K, with roughly $218K of EBITDA. It has about 6 employees.
Common questions
- Who owns New Hope Worship Center?
- The owner of New Hope Worship Center 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 Hope Worship Center make?
- SeeBITDA estimates New Hope Worship Center's annual revenue at about $602K (likely between $396K and $687K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- How many employees does New Hope Worship Center have?
- About 6, as reported on its PPP loan.