Banning Contracting Services Inc
How we got $4.1M
Based on its 36 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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| BANNING CONTRACTING SERVICES INC this business | $12.3M | — |
| INFINITY HOME SOLUTIONS LLC Bixby · 6 employees | $1.6M | 1.1 mi |
| BLUE SPEED AV, LLC Bixby · 15 employees | $4.7M | 1.2 mi |
| MGM Lighting Tulsa | $1.9M | 1.3 mi |
| MEADORS GENERAL MANAGEMENT, INC. Tulsa · 3 employees | $749K | 1.3 mi |
| Martinez Irrigation Systems Tulsa | $3.9M | 1.4 mi |
| COLLECTIVE ENERGY, LLC Tulsa · 3 employees | $1.0M | 1.5 mi |
The full calculation
| Employees reported to the SBA | 36 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $10.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $11.2M |
| Estimate: the two combined (geometric mean) | $12.3M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $1.1M |
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 | $4.1M |
| Multiple for this size and industry | 3.6× |
| Value range | $2.2M – $5.7M |
| Revenue range | $8.1M – $14.0M |
| EBITDA range | $755K – $1.3M |
| 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
- BankingRegent 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 Roles are as stated there and may be out of date.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
| Regent Bank PPP 2020 | All 726 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $416K | 36 |
2 locations
| 12028 S NORWOOD AVE STE 300 | Tulsa | This listing |
| 10 S Iroquois St | Tulsa | View |
Revenue, profit and value are for the whole company.
About Banning Contracting Services Inc
Banning Contracting Services Inc is an electricians company in Tulsa, Oklahoma. Its estimated annual revenue is about $12.3M, with roughly $1.1M of EBITDA. It has about 36 employees. Its estimated business value is $4.1M (likely range $2.2M–$5.7M). It has 2 locations.
Common questions
- Who owns Banning Contracting Services Inc?
- The owner of Banning Contracting Services 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 Banning Contracting Services Inc make?
- SeeBITDA estimates Banning Contracting Services Inc's annual revenue at about $12.3M (likely between $8.1M and $14.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Banning Contracting Services Inc worth?
- About $4.1M, roughly 3.6× its estimated EBITDA of $1.1M, typical for a electricians company its size. Likely range: $2.2M–$5.7M.
- How many employees does Banning Contracting Services Inc have?
- About 36, as reported on its PPP loan.