Award Electrical Service, Inc
How we got $355K
Based on 9 employees on its 2025 401(k) filing.
What we know
Signs of a sale Unlikely to sell soon
- In business 19 years (since 2007)
From public records and the company's website, not a statement that it's for sale.
What they do
Award Electrical Service, Inc. is a family-owned and operated electrical contractor founded in 2007 that provides electrical services to residential, commercial, industrial, and oilfield clients. It serves Payne County and is based in Cushing, OK.
From the company's website. Industry: Electricians.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- GULFPORT ENERGY CORPORATION · Oklahoma City, 49 mi · $1.42B
- MACH RESOURCES LLC · Oklahoma City, 50 mi · $1.18B
- Unit Corporation · Tulsa, 45 mi · $988.3M
- T/J INSPECTION, INC. · Del City, 51 mi · $532.1M
- EXPLORER PIPELINE COMPANY · Tulsa, 48 mi · $505.6M
Estimated value over time
▲ 24% 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
▲ 0% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 9 | $1.7M |
| 2020 | Form 5500 | 7 | $1.4M |
| 2021 | Form 5500 | 10 | $1.9M |
| 2022 | Form 5500 | 11 | $2.1M |
| 2023 | Form 5500 | 6 | $1.2M |
| 2024 | Form 5500 | 8 | $1.6M |
| 2025 | Form 5500 | 9 | $1.7M |
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| AWARD ELECTRICAL SERVICE, INC this business | $1.5M | — |
| CHARLTON'S HEATING AND AIR CONDITIONING INC Cushing · 2 employees | $667K | 0.3 mi |
| Charlton Heat and Air Conditioning Cushing | $937K | 0.3 mi |
| Houston's Septic Tank Cleaning Cushing | $937K | 1.5 mi |
| CUSHING PLUMBING COMPANY Cushing · 8 employees | $1.3M | 2.0 mi |
| Central Heat & Air Cushing | $937K | 2.0 mi |
| C & S PLUMBING, LLC Cushing · 5 employees | $1.1M | 2.1 mi |
The full calculation
Brought up to date: prices are 10% higher than in the benchmark's year, both included above.
| Estimated value = EBITDA × typical sale multiple | $355K |
| Multiple for this size and industry | 2× |
| Value range | $227K – $639K |
| Employees in its retirement plan (2025 Form 5500) | 9 |
| Industry revenue per employee | $194K |
| Revenue = employees × revenue per employee | $1.5M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $178K |
| For comparison: employees reported for PPP (2020) | 9 |
Uses the newest headcount we have: participants in the company's retirement plan from its Form 5500 filing with the Department of Labor. Plans can leave out part-timers and new hires, so the range leans higher than the estimate.
| Revenue range | $1.2M – $2.3M |
| EBITDA range | $142K – $266K |
| 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. These are statistical estimates, not reported financials. Full methodology
People & advisors
Advisors
- BankingBlue Sky 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
| Blue Sky Bank PPP 2020 | All 430 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 | $106K | 9 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Award Electrical Service, Inc
Award Electrical Service, Inc is a family-owned electricians company in Cushing, Oklahoma, in business since 2007. Its estimated annual revenue is about $1.5M, with roughly $178K of EBITDA. It has about 9 employees. Its estimated business value is $355K (likely range $227K–$639K).
Common questions
- Who owns Award Electrical Service, Inc?
- The owner of Award Electrical 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 Award Electrical Service, Inc make?
- SeeBITDA estimates Award Electrical Service, Inc's annual revenue at about $1.5M (likely between $1.2M and $2.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Award Electrical Service, Inc worth?
- About $355K, roughly 2× its estimated EBITDA of $178K, typical for a electricians company its size. Likely range: $227K–$639K.
- How many employees does Award Electrical Service, Inc have?
- About 9, from its 2025 retirement-plan filing.
- When was Award Electrical Service, Inc founded?
- Award Electrical Service, Inc has been in business since 2007.