Challenger Electric Inc.
How we got $253K
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
▲ 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| CHALLENGER ELECTRIC INC. this business | $986K | — |
| BESTWAY MECHANICAL SERVICES INC. Edmond · 2 employees | $561K | 0.5 mi |
| THOMAS MECHANICAL SERVICES INC. Edmond · 2 employees | $570K | 0.5 mi |
| JAMES L HUBBARD Edmond · 2 employees | $766K | 0.7 mi |
| PANCO, INC. Edmond · 9 employees | $2.8M | 1.4 mi |
| Bauco Air Conditioning & Heating Services Guthrie | $1.8M | 1.8 mi |
| CORRECT O MUNDO ELECTRIC, INC. Edmond · 4 employees | $859K | 1.9 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $988K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $757K |
| Estimate: the two combined (geometric mean) | $986K |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $126K |
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 | $253K |
| Multiple for this size and industry | 2× |
| Value range | $133K – $346K |
| Revenue range | $648K – $1.1M |
| EBITDA range | $83K – $144K |
| 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
People & advisors
Advisors
- BankingKirkpatrick 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 Roles are as stated there and may be out of date.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
| Kirkpatrick Bank PPP 2020, PPP 2021 | All 258 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $25K | 4 |
| 1/28/2021 | second | $25K | 4 |
About Challenger Electric Inc.
Challenger Electric Inc. is an electricians company in Edmond, Oklahoma. Its estimated annual revenue is about $986K, with roughly $126K of EBITDA. It has about 4 employees. Its estimated business value is $253K (likely range $133K–$346K).
Common questions
- Who owns Challenger Electric Inc.?
- The owner of Challenger 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 Challenger Electric Inc. make?
- SeeBITDA estimates Challenger Electric Inc.'s annual revenue at about $986K (likely between $648K and $1.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Challenger Electric Inc. worth?
- About $253K, roughly 2× its estimated EBITDA of $126K, typical for a electricians company its size. Likely range: $133K–$346K.
- How many employees does Challenger Electric Inc. have?
- About 4, as reported on its PPP loan.