1907 Electric LLC
How we got $124K
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
1907 Electric is an electrical contractor serving the OKC Metro since 2019, offering residential and business electrical services.
From the company's website. Industry: Electricians.
Estimated value over time
▲ 22% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| 1907 ELECTRIC LLC this business | $411K | — |
| Comfort Airworks LLC Edmond | $937K | 0.5 mi |
| STUFF HAPPENS PLUMBING, LLC Edmond · 1 employees | $146K | 0.8 mi |
| ALL OUT TECHNICAL SERVICES LLC Edmond · 1 employees | $218K | 0.9 mi |
| FRONTLINE COMFORT SYSTEMS Edmond · 2 employees | $295K | 1.1 mi |
| AZTON ELECTRIC Edmond · 1 employees | $235K | 1.2 mi |
| AXTON ELECTRIC LLC Edmond · 1 employees | $233K | 1.2 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $369K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $458K |
| Estimate: the two combined (geometric mean) | $411K |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $62K |
Brought up to date: prices are 10% higher than in the benchmark's year and Oklahoma employment in this industry has fallen 2% since 2020, both included above.
| Estimated value = EBITDA × typical sale multiple | $124K |
| Multiple for this size and industry | 2× |
| Value range | $74K – $193K |
| Revenue range | $308K – $534K |
| EBITDA range | $46K – $80K |
| Industry (NAICS) | Electrical Contractors and Other Wiring Installation Contractors (238210) |
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
- 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 Roles are as stated there and may be out of date.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, PPP 2021 | 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 |
|---|---|---|---|
| 4/15/2020 | first | $20K | 2 |
| 1/27/2021 | second | $20K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About 1907 Electric LLC
1907 Electric LLC is an electricians company in Edmond, Oklahoma, in business since 2022. It is owned by Drew Chambers (Founder). Its estimated annual revenue is about $411K, with roughly $62K of EBITDA. It has about 2 employees. Its estimated business value is $124K (likely range $74K–$193K).
Common questions
- Who owns 1907 Electric LLC?
- 1907 Electric LLC is owned by Drew Chambers (Founder), according to public sources such as the company's website or filings.
- How much revenue does 1907 Electric LLC make?
- SeeBITDA estimates 1907 Electric LLC's annual revenue at about $411K (likely between $308K and $534K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is 1907 Electric LLC worth?
- About $124K, roughly 2× its estimated EBITDA of $62K, typical for a electricians company its size. Likely range: $74K–$193K.
- How many employees does 1907 Electric LLC have?
- About 2, as reported on its PPP loan.
- When was 1907 Electric LLC founded?
- 1907 Electric LLC has been in business since 2022.