Andrews Electric Inc
How we got $644K
Based on its 8 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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 |
|---|---|---|
| ANDREWS ELECTRIC INC this business | $2.3M | — |
| SUNBELT HEAT & AIR SERVICES, INC Oklahoma City · 3 employees | $976K | 0.0 mi |
| PINNACLE HOME SERVICES, LLC Oklahoma City · 8 employees | $3.2M | 0.1 mi |
| Zion Services Llc Oklahoma City | $1.8M | 0.1 mi |
| STOVER HEAT AND AIR LLC Oklahoma City · 3 employees | $530K | 0.3 mi |
| INTERSTATE HEATING & AIR CONDITIONING, INC. Moore · 13 employees | $4.4M | 0.9 mi |
| MULLIN PLUMBING WEST DIVISION INC Moore · 33 employees | $10.4M | 1.0 mi |
The full calculation
| Employees reported to the SBA | 8 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.3M |
| Estimate: the two combined (geometric mean) | $2.3M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $268K |
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 | $644K |
| Multiple for this size and industry | 2.4× |
| Value range | $339K – $881K |
| Revenue range | $1.5M – $2.6M |
| EBITDA range | $176K – $306K |
| 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
- BankingBancFirstPPP / 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 Roles are as stated there and may be out of date.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
| BancFirst PPP 2020, PPP 2021 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $84K | 8 |
| 1/30/2021 | second | $76K | 8 |
About Andrews Electric Inc
Andrews Electric Inc is an electricians company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $2.3M, with roughly $268K of EBITDA. It has about 8 employees. Its estimated business value is $644K (likely range $339K–$881K).
Common questions
- Who owns Andrews Electric Inc?
- The owner of Andrews Electric 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 Andrews Electric Inc make?
- SeeBITDA estimates Andrews Electric Inc's annual revenue at about $2.3M (likely between $1.5M and $2.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Andrews Electric Inc worth?
- About $644K, roughly 2.4× its estimated EBITDA of $268K, typical for a electricians company its size. Likely range: $339K–$881K.
- How many employees does Andrews Electric Inc have?
- About 8, as reported on its PPP loan.