Bates Electronics
How we got $238K
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▼ 13% 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 |
|---|---|---|
| BATES ELECTRONICS this business | $1.7M | — |
| YERBY'S APPLIANCES INC Ada · 6 employees | $1.5M | 3.2 mi |
| JOHNNY'S APPLIANCE, INC Holdenville · 8 employees | $3.6M | 27.0 mi |
| COURTESY PC, LLC Tishomingo · 1 employees | $346K | 37.3 mi |
| LUCKY DAY HVAC LLC Shawnee · 1 employees | $726K | 40.3 mi |
| KATHOL & COMPANY, INC. Shawnee · 2 employees | $806K | 42.8 mi |
| SHAWNEE OFFICE SYSTEMS INC. Shawnee · 5 employees | $2.0M | 43.1 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.7M |
| Estimate: the two combined (geometric mean) | $1.7M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $119K |
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 | $238K |
| Multiple for this size and industry | 2× |
| Value range | $125K – $326K |
| Revenue range | $1.1M – $1.9M |
| EBITDA range | $78K – $136K |
| Industry (NAICS) | Retail Trade (443142) |
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: approximate sector default. 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
- BankingVision 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 Roles are as stated there and may be out of date.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
| Vision Bank PPP 2020 | All 487 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/3/2020 | first | $29K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Bates Electronics
Bates Electronics is a retail trade company in Ada, Oklahoma, in business since 2014. Its estimated annual revenue is about $1.7M, with roughly $119K of EBITDA. It has about 4 employees. Its estimated business value is $238K (likely range $125K–$326K).
Common questions
- Who owns Bates Electronics?
- The owner of Bates Electronics 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 Bates Electronics make?
- SeeBITDA estimates Bates Electronics's annual revenue at about $1.7M (likely between $1.1M and $1.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Bates Electronics worth?
- About $238K, roughly 2× its estimated EBITDA of $119K, typical for a retail trade company its size. Likely range: $125K–$326K.
- How many employees does Bates Electronics have?
- About 4, as reported on its PPP loan.
- When was Bates Electronics founded?
- Bates Electronics has been in business since 2014.