Bennett Electric Inc
How we got $2.3M
Based on its 23 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 |
|---|---|---|
| BENNETT ELECTRIC INC this business | $7.4M | — |
| Jim Rollings AC & Heating Tulsa | $1.9M | 0.2 mi |
| Murray Electrical Services Tulsa | $1.9M | 0.4 mi |
| Local Heat and Air Supply Tulsa | $1.9M | 0.4 mi |
| WRIGHT'S HEAT, AIR & REFRIGERATION LLC Tulsa · 2 employees | $643K | 0.5 mi |
| Maintenance Repair Service Tulsa | $1.1M | 0.5 mi |
| Service Wizards Tulsa | $1.9M | 0.5 mi |
The full calculation
| Employees reported to the SBA | 23 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $6.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $6.3M |
| Estimate: the two combined (geometric mean) | $7.4M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $781K |
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 | $2.3M |
| Multiple for this size and industry | 3× |
| Value range | $1.2M – $3.2M |
| Revenue range | $4.9M – $8.4M |
| EBITDA range | $514K – $891K |
| 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
- BankingProsperity 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 Roles are as stated there and may be out of date.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
| Prosperity Bank PPP 2020, PPP 2021 | All 748 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/29/2020 | first | $234K | 22 |
| 1/21/2021 | second | $234K | 23 |
About Bennett Electric Inc
Bennett Electric Inc is an electricians company in Tulsa, Oklahoma. Its estimated annual revenue is about $7.4M, with roughly $781K of EBITDA. It has about 23 employees. Its estimated business value is $2.3M (likely range $1.2M–$3.2M).
Common questions
- Who owns Bennett Electric Inc?
- The owner of Bennett 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 Bennett Electric Inc make?
- SeeBITDA estimates Bennett Electric Inc's annual revenue at about $7.4M (likely between $4.9M and $8.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Bennett Electric Inc worth?
- About $2.3M, roughly 3× its estimated EBITDA of $781K, typical for a electricians company its size. Likely range: $1.2M–$3.2M.
- How many employees does Bennett Electric Inc have?
- About 23, as reported on its PPP loan.