Newsong People Inc
How we got $2.9M
Based on its 13 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| NEWSONG PEOPLE INC this business | $2.9M | — |
| SOUTHERN HILLS CHRISTIAN CHURCH Edmond · 48 employees | $4.8M | 0.8 mi |
| NEW COVENANT UNITED METHODIST CHURCH Edmond · 66 employees | $6.9M | 0.9 mi |
| MEMORIAL ROAD CHURCH OF CHRIST Edmond · 39 employees | $8.7M | 1.2 mi |
| SHEPHERDS OF LOVE MINISTRIES INC Edmond · 2 employees | $158K | 1.2 mi |
| WATERISLIFE.COM INC Oklahoma City · 1 employees | $266K | 1.2 mi |
| MUSLIM AMERICAN SOCIETY- OKLAHOMA CHAPTER Edmond · 14 employees | $202K | 1.3 mi |
The full calculation
| Employees reported to the SBA | 13 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.7M |
| Estimate: the two combined (geometric mean) | $2.9M |
| EBITDA margin (industry, adjusted for size) | 33% |
| EBITDA = revenue × margin | $950K |
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 | $1.9M – $3.3M |
| EBITDA range | $625K – $1.1M |
| 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
- BankingMidFirst 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 Roles are as stated there and may be out of date.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
| MidFirst Bank PPP 2021 | All 2,403 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 2/19/2021 | second | $67K | 13 |
About Newsong People Inc
Newsong People Inc is a churches & nonprofits company in Edmond, Oklahoma. Its estimated annual revenue is about $2.9M, with roughly $950K of EBITDA. It has about 13 employees.
Common questions
- Who owns Newsong People Inc?
- The owner of Newsong People 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 Newsong People Inc make?
- SeeBITDA estimates Newsong People Inc's annual revenue at about $2.9M (likely between $1.9M and $3.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- How many employees does Newsong People Inc have?
- About 13, as reported on its PPP loan.