Benson Electric Company
How we got $2.6M
Based on its 34 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 16% since 2021Today'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 |
|---|---|---|
| BENSON ELECTRIC COMPANY this business | $9.3M | — |
| YOUNGER-HOLMES ELECTRICAL CONTRACTORS INC. Ponca City · 29 employees | $8.5M | 0.0 mi |
| Roto-rooter Ponca City | $1.8M | 0.6 mi |
| HARBESON PLUMBING, LLC Ponca City · 3 employees | $733K | 2.1 mi |
| Air System Components Ponca City | $1.8M | 2.4 mi |
| DRAIN DOCTOR 24/7 EMERGENCY PLUMBING, LLC Ponca City · 4 employees | $831K | 2.7 mi |
| COBB'S PLUMBING LLC Ponca City · 1 employees | $261K | 3.0 mi |
The full calculation
| Employees reported to the SBA | 34 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $9.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $6.8M |
| Estimate: the two combined (geometric mean) | $9.3M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $869K |
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 | $2.6M |
| Multiple for this size and industry | 3× |
| Value range | $1.4M – $3.6M |
| Revenue range | $6.1M – $10.6M |
| EBITDA range | $572K – $991K |
| 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
- BankingBancFirstPPP / 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 Roles are as stated there and may be out of date.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
| BancFirst PPP 2021 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/13/2021 | second | $253K | 34 |
About Benson Electric Company
Benson Electric Company is an electricians company in Ponca City, Oklahoma. Its estimated annual revenue is about $9.3M, with roughly $869K of EBITDA. It has about 34 employees. Its estimated business value is $2.6M (likely range $1.4M–$3.6M).
Common questions
- Who owns Benson Electric Company?
- The owner of Benson Electric Company 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 Benson Electric Company make?
- SeeBITDA estimates Benson Electric Company's annual revenue at about $9.3M (likely between $6.1M and $10.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Benson Electric Company worth?
- About $2.6M, roughly 3× its estimated EBITDA of $869K, typical for a electricians company its size. Likely range: $1.4M–$3.6M.
- How many employees does Benson Electric Company have?
- About 34, as reported on its PPP loan.