American Grit Electric
How we got $460K
Based on 4 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
What they do
American Grit Electric is a veteran-owned and operated commercial and residential electrical contracting company based in Choctaw, OK, serving the greater OKC area.
From the company's website. Industry: Fencing, siding & exterior.
Customers & suppliers
Suppliers & brands
- Generac Generator Authorized Dealer · brand it sells or installs
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- BOLIN ENTERPRISES, INC · Ada, 55 mi · $20.6M
- GREAT PLAINS CONSTRUCTION, LLC · Edmond, 31 mi · $19.5M
- APEX ENVIRONMENTAL GROUP, LLC · Ada, 53 mi · $18.7M
- BJ'S OILFIELD CONSTRUCTION, INC · Blanchard, 29 mi · $17.1M
- EARL-LE DOZER SERVICE,LLC · Drumright, 57 mi · $17.0M
Estimated value over time
▲ 23% 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 |
|---|---|---|
| AMERICAN GRIT ELECTRIC this business | $2.1M | — |
| SCOTT BUILT LLC Oklahoma City · 3 employees | $959K | 1.9 mi |
| A&D DOZER AND EXCAVATION LLC Choctaw · 2 employees | $581K | 2.9 mi |
| BOB ANDERSON CONSTRUCTION CO. INC. Oklahoma City · 3 employees | $675K | 3.0 mi |
| ABSOLUTE ELECTRIC LLC Newalla · 5 employees | $2.6M | 3.8 mi |
| ZUMWALT TRENCHING LLC Choctaw · 4 employees | $1.2M | 3.8 mi |
| DAVIDSON CONCRETE AND CONSTRUCTION INC Newalla · 12 employees | $5.4M | 3.9 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Industry revenue per employee | $256K |
| Revenue = employees × revenue per employee | $2.1M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $242K |
| Cross-check: revenue implied by PPP payroll | $277K |
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 | $460K |
| Multiple for this size and industry | 1.9× |
| Value range | $218K – $653K |
| Revenue range | $1.2M – $2.5M |
| EBITDA range | $143K – $286K |
| Industry (NAICS) | All Other Specialty Trade Contractors (238990) |
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
People & advisors
“American Grit Electric was founded in 2018 shortly after moving to Oklahoma from the Seattle, WA...”
Leadership
- JTJames TysonOwner · Company website · source
- BFBrandon FosterProduction Manager · Company website · source
Advisors
- BankingIntuit Financing Inc.PPP / 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
| Intuit Financing Inc. PPP 2020 | All 111 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/13/2020 | first | $6K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About American Grit Electric
American Grit Electric is a fencing, siding & exterior company in Choctaw, Oklahoma, in business since 2018. It is owned by Derrick Roberts. Its estimated annual revenue is about $2.1M, with roughly $242K of EBITDA. It has about 4 employees. Its estimated business value is $460K (likely range $218K–$653K).
Common questions
- Who owns American Grit Electric?
- American Grit Electric is owned by Derrick Roberts, according to public sources such as the company's website or filings.
- How much revenue does American Grit Electric make?
- SeeBITDA estimates American Grit Electric's annual revenue at about $2.1M (likely between $1.2M and $2.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is American Grit Electric worth?
- About $460K, roughly 1.9× its estimated EBITDA of $242K, typical for a fencing, siding & exterior company its size. Likely range: $218K–$653K.
- How many employees does American Grit Electric have?
- About 4, as reported on its PPP loan.
- When was American Grit Electric founded?
- American Grit Electric has been in business since 2018.