Archers Electric Service, Inc.
How we got $450K
Based on its 9 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 |
|---|---|---|
| ARCHERS ELECTRIC SERVICE, INC. this business | $1.9M | — |
| Michael's Air Cond & Heating Enid | $1.8M | 4.1 mi |
| KOOL FOAM LLC Enid · 4 employees | $2.5M | 4.9 mi |
| MICHAEL'S ELECTRIC, INC. Enid · 2 employees | $530K | 5.0 mi |
| Holcomb's Heating and Air Conditioning Enid | $1.8M | 5.1 mi |
| SPIRIT ELECTRONIC COMMUNICATIONS Enid · 2 employees | $443K | 5.2 mi |
| Hometown Plumbing Enid | $1.8M | 5.3 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) | $1.4M |
| Estimate: the two combined (geometric mean) | $1.9M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $225K |
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 | $450K |
| Multiple for this size and industry | 2× |
| Value range | $237K – $616K |
| Revenue range | $1.3M – $2.2M |
| EBITDA range | $148K – $257K |
| 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
- BankingStride Bank, National AssociationPPP / 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 Roles are as stated there and may be out of date.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
| Stride Bank, National Association PPP 2020, PPP 2021 | All 504 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 | $53K | 9 |
| 1/22/2021 | second | $45K | 6 |
About Archers Electric Service, Inc.
Archers Electric Service, Inc. is an electricians company in Enid, Oklahoma. Its estimated annual revenue is about $1.9M, with roughly $225K of EBITDA. It has about 9 employees. Its estimated business value is $450K (likely range $237K–$616K).
Common questions
- Who owns Archers Electric Service, Inc.?
- The owner of Archers Electric Service, 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 Archers Electric Service, Inc. make?
- SeeBITDA estimates Archers Electric Service, Inc.'s annual revenue at about $1.9M (likely between $1.3M and $2.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Archers Electric Service, Inc. worth?
- About $450K, roughly 2× its estimated EBITDA of $225K, typical for a electricians company its size. Likely range: $237K–$616K.
- How many employees does Archers Electric Service, Inc. have?
- About 9, as reported on its PPP loan.