Alrac Electric Incorporated
How we got $854K
Based on its 9 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
The site presents itself as a pay-per-call referral service connecting callers to independent local appliance repair technicians, and it states it is not a direct service provider. It does not describe ALRAC Electric Incorporated's own electrical work.
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 |
|---|---|---|
| ALRAC ELECTRIC INCORPORATED this business | $3.1M | — |
| TULSA ELECTRIC, LLC Tulsa · 16 employees | $6.8M | 0.1 mi |
| FRANCIS SOLAR, LLC Tulsa · 26 employees | $10.1M | 0.1 mi |
| FRE MECHANICAL, LLC Tulsa · 12 employees | $3.5M | 0.1 mi |
| AA ELECTRIC AND PLUMBING, INC. Tulsa · 15 employees | $5.3M | 0.3 mi |
| Tulsa Plumbing And Remodeling, Llc Tulsa | $1.8M | 0.3 mi |
| MEEK'S ELECTRICAL SERVICES, INC. Tulsa · 19 employees | $5.3M | 0.3 mi |
The full calculation
| Employees reported to the SBA | 9 |
| 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) | $3.6M |
| Estimate: the two combined (geometric mean) | $3.1M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $356K |
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.
| Estimated value = EBITDA × typical sale multiple | $854K |
| Multiple for this size and industry | 2.4× |
| Value range | $450K – $1.2M |
| Revenue range | $2.0M – $3.5M |
| EBITDA range | $234K – $406K |
| 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
History & advisors
Advisors
- BankingMabrey 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
| Mabrey Bank PPP 2020 | All 851 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 6/16/2020 | first | $132K | 9 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Alrac Electric Incorporated
Alrac Electric Incorporated is an electricians company in Tulsa, Oklahoma, in business since 2026. Its estimated annual revenue is about $3.1M, with roughly $356K of EBITDA. It has about 9 employees. Its estimated business value is $854K (likely range $450K–$1.2M).
Common questions
- Who owns Alrac Electric Incorporated?
- The owner of Alrac Electric Incorporated 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 Alrac Electric Incorporated make?
- SeeBITDA estimates Alrac Electric Incorporated's annual revenue at about $3.1M (likely between $2.0M and $3.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Alrac Electric Incorporated worth?
- About $854K, roughly 2.4× its estimated EBITDA of $356K, typical for a electricians company its size. Likely range: $450K–$1.2M.
- How many employees does Alrac Electric Incorporated have?
- About 9, as reported on its PPP loan.
- When was Alrac Electric Incorporated founded?
- Alrac Electric Incorporated has been in business since 2026.