Redeemer Church of Norman, Inc.
How we got $778K
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Redeemer Church Norman is a church in Norman, Oklahoma that gathers people for Sunday worship and gospel-centered community, with its vision to see all of life redeemed by the life, death, and resurrection of Jesus Christ. It welcomes people of different life stages, backgrounds, and ages.
From the company's website. Industry: Churches & nonprofits.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| REDEEMER CHURCH OF NORMAN, INC. this business | $778K | — |
| FAITH POINTE BAPTIST CHURCH Norman · 10 employees | $826K | 0.3 mi |
| NEW LIFE BIBLE CHURCH Norman · 6 employees | $1.4M | 0.7 mi |
| LIFESPRING, INC Norman · 21 employees | $2.9M | 1.0 mi |
| VICTORY FAMILY CHURCH, INC. Norman · 48 employees | $8.9M | 1.6 mi |
| VICTORY FAMILY SCHOOL INC Norman · 16 employees | $1.9M | 1.6 mi |
| PARADIGM CHURCH INC Norman · 10 employees | $1.8M | 1.6 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $822K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.7M |
| Estimate: the two combined (geometric mean) | $778K |
| EBITDA margin (industry, adjusted for size) | 36% |
| EBITDA = revenue × margin | $282K |
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 | $512K – $888K |
| EBITDA range | $185K – $321K |
| 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
History & advisors
Advisors
- BankingArmstrong 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
| Armstrong Bank PPP 2020 | All 1,355 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $43K | 5 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Redeemer Church of Norman, Inc.
Redeemer Church of Norman, Inc. is a churches & nonprofits company in Norman, Oklahoma, in business since 2009. Its estimated annual revenue is about $778K, with roughly $282K of EBITDA. It has about 5 employees.
Common questions
- Who owns Redeemer Church of Norman, Inc.?
- The owner of Redeemer Church of Norman, 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 Redeemer Church of Norman, Inc. make?
- SeeBITDA estimates Redeemer Church of Norman, Inc.'s annual revenue at about $778K (likely between $512K and $888K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- How many employees does Redeemer Church of Norman, Inc. have?
- About 5, as reported on its PPP loan.
- When was Redeemer Church of Norman, Inc. founded?
- Redeemer Church of Norman, Inc. has been in business since 2009.