New Life Worship Center Inc
How we got $308K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
New Life Church is a church in Oklahoma City, described as a community of imperfect people who come together to connect with God and each other, welcoming newcomers and those looking for a church community.
From the company's website. Industry: Churches & nonprofits.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| NEW LIFE WORSHIP CENTER INC this business | $308K | — |
| WESMOORE COMMUNITY CHURCH, INC. Oklahoma City · 8 employees | $1.6M | 0.5 mi |
| NEW HEIGHTS BAPTIST CHURCH, INCORPORATED Oklahoma City · 8 employees | $663K | 1.0 mi |
| REVIVAL FOR CHRIST CLUB INC Moore · 13 employees | $515K | 1.1 mi |
| FAITH CROSSING BAPTIST CHURCH, INC. Oklahoma City · 5 employees | $592K | 1.1 mi |
| THE ROCK ASSEMBLY OF GOD Oklahoma City · 12 employees | $1.0M | 1.2 mi |
| PENN AVENUE REDEMPTION UNITED METHODIST Oklahoma City · 5 employees | $1.1M | 1.4 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $351K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $635K |
| Estimate: the two combined (geometric mean) | $308K |
| EBITDA margin (industry, adjusted for size) | 42% |
| EBITDA = revenue × margin | $131K |
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 | $203K – $351K |
| EBITDA range | $86K – $149K |
| 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 Bank of OwassoPPP / 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 Bank of Owasso PPP 2020 | All 426 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $15K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About New Life Worship Center Inc
New Life Worship Center Inc is a churches & nonprofits company in Oklahoma City, Oklahoma, in business since 2020. Its estimated annual revenue is about $308K, with roughly $131K of EBITDA. It has about 2 employees.
Common questions
- Who owns New Life Worship Center Inc?
- The owner of New Life Worship Center 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 Life Worship Center Inc make?
- SeeBITDA estimates New Life Worship Center Inc's annual revenue at about $308K (likely between $203K and $351K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- How many employees does New Life Worship Center Inc have?
- About 2, as reported on its PPP loan.
- When was New Life Worship Center Inc founded?
- New Life Worship Center Inc has been in business since 2020.