Boyce Electric & Lighting, LLC
How we got $819K
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 36% 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 |
|---|---|---|
| BOYCE ELECTRIC & LIGHTING, LLC this business | $3.1M | — |
| Blue Rhino Propane Exchange Woodward | $9.6M | 0.2 mi |
| MABRA FAMILY CHIROPRACTIC, PLLC Woodward · 3 employees | $3.5M | 0.7 mi |
| Northwest Cash-N-Carry Woodward | $9.6M | 1.2 mi |
| Blue Rhino Propane Exchange Woodward | $9.6M | 1.2 mi |
| CIRCLE L INVESTMENTS, LLC Woodward · 6 employees | $7.4M | 1.3 mi |
| Sally Beauty Woodward | $9.6M | 1.5 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.6M |
| Estimate: the two combined (geometric mean) | $3.1M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $282K |
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 | $819K |
| Multiple for this size and industry | 2.9× |
| Value range | $431K – $1.1M |
| Revenue range | $2.0M – $3.5M |
| EBITDA range | $186K – $322K |
| Industry (NAICS) | Electrical apparatus and equipment, wiring supplies, and related equipment merchant wholesalers (423610) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
People & advisors
Advisors
- BankingThe Stock Exchange 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 Roles are as stated there and may be out of date.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
| The Stock Exchange Bank PPP 2020 | All 200 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $25K | 5 |
About Boyce Electric & Lighting, LLC
Boyce Electric & Lighting, LLC is an electrical apparatus and equipment, wiring supplies, and related equipment merchant wholesalers company in Woodward, Oklahoma. Its estimated annual revenue is about $3.1M, with roughly $282K of EBITDA. It has about 5 employees. Its estimated business value is $819K (likely range $431K–$1.1M).
Common questions
- Who owns Boyce Electric & Lighting, LLC?
- The owner of Boyce Electric & Lighting, LLC 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 Boyce Electric & Lighting, LLC make?
- SeeBITDA estimates Boyce Electric & Lighting, LLC's annual revenue at about $3.1M (likely between $2.0M and $3.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Boyce Electric & Lighting, LLC worth?
- About $819K, roughly 2.9× its estimated EBITDA of $282K, typical for a electrical apparatus and equipment, wiring supplies, and related equipment merchant wholesalers company its size. Likely range: $431K–$1.1M.
- How many employees does Boyce Electric & Lighting, LLC have?
- About 5, as reported on its PPP loan.