How we got $2.2M
Based on its 21 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
Employees over time
▼ 10% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 21 | $4.1M |
| 2022 | Form 5500 | 19 | $3.7M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
What we know
Customers & suppliers
Customers
- Federal Aviation Administration · federal contracts $6.0M
- Department of the Army · federal contracts $10K
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| ARNOLD ELECTRIC INC this business | $7.8M | — |
| MEEK'S ELECTRICAL SERVICES, INC. Tulsa · 19 employees | $5.3M | 0.2 mi |
| SOUTHERN SHEET METAL WORKS, INC. Tulsa · 38 employees | $14.3M | 0.2 mi |
| ELEMENTAL AIR & REFRIGERATION LLC Tulsa · 4 employees | $1.1M | 0.3 mi |
| Tulsa Plumbing And Remodeling, Llc Tulsa | $1.9M | 0.3 mi |
| ALRAC ELECTRIC INCORPORATED Tulsa · 9 employees | $3.1M | 0.5 mi |
| TULSA ELECTRIC, LLC Tulsa · 16 employees | $6.8M | 0.5 mi |
The full calculation
| Employees reported to the SBA | 21 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $6.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $7.8M |
| Estimate: the two combined (geometric mean) | $7.8M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $731K |
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 | $2.2M |
| Multiple for this size and industry | 3× |
| Value range | $1.2M – $3.0M |
| Revenue range | $5.2M – $8.9M |
| EBITDA range | $481K – $834K |
| 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
- BankingSecurity 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
| Security Bank PPP 2020 | All 617 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $289K | 21 |
2 locations
| 1424 E 3rd St | Tulsa | This listing |
| 317 N Portland Suite Ste D | Oklahoma City | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Arnold Electric Inc
Arnold Electric Inc is an electricians company in Tulsa, Oklahoma, in business since 2012. Its estimated annual revenue is about $7.8M, with roughly $731K of EBITDA. It has about 19 employees. Its estimated business value is $2.2M (likely range $1.2M–$3.0M). It has 2 locations.
Common questions
- Who owns Arnold Electric Inc?
- The owner of Arnold 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 Arnold Electric Inc make?
- SeeBITDA estimates Arnold Electric Inc's annual revenue at about $7.8M (likely between $5.2M and $8.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Arnold Electric Inc worth?
- About $2.2M, roughly 3× its estimated EBITDA of $731K, typical for a electricians company its size. Likely range: $1.2M–$3.0M.
- How many employees does Arnold Electric Inc have?
- About 19, from its 2022 retirement-plan filing.
- When was Arnold Electric Inc founded?
- Arnold Electric Inc has been in business since 2012.