Amp Electric Co., Inc
How we got $296K
Based on its 7 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 30 years (since 1996)
- Family in the business (Kelly Williams, Journeyman Electrician/Sales)
From public records and the company's website, not a statement that it's for sale.
What they do
Amp Electric Company Inc. is a family owned electrical contractor serving the Oklahoma City metro area, offering residential, commercial and industrial electrical services. It has been family owned since 1996.
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 |
|---|---|---|
| AMP ELECTRIC CO., INC this business | $1.2M | — |
| GUARDIAN ROOFING & SHEET METAL LLC Oklahoma City · 8 employees | $3.0M | 0.2 mi |
| BARNETT ELECTRICAL LLC Oklahoma City · 41 employees | $12.2M | 0.6 mi |
| W. J. SPREHE CO., INC. Oklahoma City · 4 employees | $1.3M | 0.7 mi |
| Tipton's Plumbing & Sewer Oklahoma City | $1.8M | 0.7 mi |
| PROLECTRIC CONTRACTORS LLC Oklahoma City · 9 employees | $2.0M | 0.7 mi |
| DON'S PLUMBING INC Oklahoma City · 7 employees | $2.3M | 0.7 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $659K |
| Estimate: the two combined (geometric mean) | $1.2M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $148K |
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 | $296K |
| Multiple for this size and industry | 2× |
| Value range | $156K – $405K |
| Revenue range | $760K – $1.3M |
| EBITDA range | $97K – $169K |
| Industry (NAICS) | Electrical Contractors and Other Wiring Installation Contractors (238210) |
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
Leadership
- KWKelly WilliamsJourneyman Electrician/Sales · Company website · source
- DWDenise WillsOffice Manager, Accounts Payable/Receivable · Company website · source
Advisors
- BankingMidFirst 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
| MidFirst Bank PPP 2020, PPP 2021 | All 2,403 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/16/2020 | first | $24K | 6 |
| 3/13/2021 | second | $53K | 7 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Amp Electric Co., Inc
Amp Electric Co., Inc is a family-owned electricians company in Oklahoma City, Oklahoma, in business since 1996. It is owned by David Williams (Owner-President). Its estimated annual revenue is about $1.2M, with roughly $148K of EBITDA. It has about 7 employees. Its estimated business value is $296K (likely range $156K–$405K).
Common questions
- Who owns Amp Electric Co., Inc?
- Amp Electric Co., Inc is owned by David Williams (Owner-President), according to public sources such as the company's website or filings.
- How much revenue does Amp Electric Co., Inc make?
- SeeBITDA estimates Amp Electric Co., Inc's annual revenue at about $1.2M (likely between $760K and $1.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Amp Electric Co., Inc worth?
- About $296K, roughly 2× its estimated EBITDA of $148K, typical for a electricians company its size. Likely range: $156K–$405K.
- How many employees does Amp Electric Co., Inc have?
- About 7, as reported on its PPP loan.
- When was Amp Electric Co., Inc founded?
- Amp Electric Co., Inc has been in business since 1996.