Newspring Assembly of God Inc
How we got $1.8M
Based on its 11 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 |
|---|---|---|
| NEWSPRING ASSEMBLY OF GOD INC this business | $1.8M | — |
| CROSS CREEK LEARNING CENTER INC Jenks · 14 employees | $1.6M | 0.0 mi |
| KIRK CROSSING, INC. Jenks · 48 employees | $5.1M | 0.8 mi |
| CROSSROADS FREEWILL BAPTIST CHURCH Jenks · 3 employees | $364K | 1.3 mi |
| THE CHURCH OF CHRIST OF JENKS, OKLAHOMA Jenks · 27 employees | $3.2M | 1.9 mi |
| JENKS BIBLE CHURCH INC Jenks · 3 employees | $364K | 2.0 mi |
| FIRST BAPTIST CHURCH OF JENKS Jenks · 37 employees | $6.3M | 2.1 mi |
The full calculation
| Employees reported to the SBA | 11 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.4M |
| Estimate: the two combined (geometric mean) | $1.8M |
| EBITDA margin (industry, adjusted for size) | 33% |
| EBITDA = revenue × margin | $576K |
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 | $1.2M – $2.0M |
| EBITDA range | $379K – $657K |
| 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
- BankingArvest 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 Roles are as stated there and may be out of date.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
| Arvest Bank PPP 2020 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $85K | 11 |
About Newspring Assembly of God Inc
Newspring Assembly of God Inc is a churches & nonprofits company in Jenks, Oklahoma. Its estimated annual revenue is about $1.8M, with roughly $576K of EBITDA. It has about 11 employees.
Common questions
- Who owns Newspring Assembly of God Inc?
- The owner of Newspring Assembly of God 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 Newspring Assembly of God Inc make?
- SeeBITDA estimates Newspring Assembly of God Inc's annual revenue at about $1.8M (likely between $1.2M and $2.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- How many employees does Newspring Assembly of God Inc have?
- About 11, as reported on its PPP loan.