Clay Lewis Electric Inc.
How we got $354K
Based on its 8 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Likely to sell
- In business 86 years (since 1940)
- Founder still runs it after 86 years
- Family in the business (Clay Lewis, Owner)
From public records and the company's website, not a statement that it's for sale.
What they do
Clay Lewis Electric is an electrical contractor serving Durant, Oklahoma, offering residential and commercial electrical service, new construction, remodels, and lighting and sound technologies. It says it has served the Durant area since 1940.
From the company's website. Industry: Electricians.
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 |
|---|---|---|
| CLAY LEWIS ELECTRIC INC. this business | $1.4M | — |
| Mr. Electric of Texoma Durant | $1.8M | 0.1 mi |
| CHRIS PEARSON ELECTRIC LLC Durant · 4 employees | $687K | 0.9 mi |
| KJ KEENER INC Durant · 9 employees | $1.6M | 1.1 mi |
| BLACKBURN HEAT & AIR LLC Durant · 5 employees | $1.6M | 1.5 mi |
| BLACKBURN PLUMBING LLC Durant · 41 employees | $14.0M | 1.5 mi |
| Sooner Rooter Drain Cleaning, LLC Durant | $1.8M | 1.6 mi |
The full calculation
| Employees reported to the SBA | 8 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $823K |
| Estimate: the two combined (geometric mean) | $1.4M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $177K |
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 | $354K |
| Multiple for this size and industry | 2× |
| Value range | $186K – $484K |
| Revenue range | $908K – $1.6M |
| EBITDA range | $116K – $202K |
| Industry (NAICS) | Electrical Contractors and Other Wiring Installation Contractors (238210) |
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
Leadership
- CLClay LewisOwner · Company website · source
Advisors
- BankingFirst United Bank and Trust CompanyPPP / 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
| First United Bank and Trust Company PPP 2020 | All 2,229 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $30K | 8 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Clay Lewis Electric Inc.
Clay Lewis Electric Inc. is an electricians company in Durant, Oklahoma, in business since 1940. It is owned by Sid Lewis (Founder). Its estimated annual revenue is about $1.4M, with roughly $177K of EBITDA. It has about 8 employees. Its estimated business value is $354K (likely range $186K–$484K).
Common questions
- Who owns Clay Lewis Electric Inc.?
- Clay Lewis Electric Inc. is owned by Sid Lewis (Founder), according to public sources such as the company's website or filings.
- How much revenue does Clay Lewis Electric Inc. make?
- SeeBITDA estimates Clay Lewis Electric Inc.'s annual revenue at about $1.4M (likely between $908K and $1.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Clay Lewis Electric Inc. worth?
- About $354K, roughly 2× its estimated EBITDA of $177K, typical for a electricians company its size. Likely range: $186K–$484K.
- How many employees does Clay Lewis Electric Inc. have?
- About 8, as reported on its PPP loan.
- When was Clay Lewis Electric Inc. founded?
- Clay Lewis Electric Inc. has been in business since 1940.
- Is Clay Lewis Electric Inc. for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 86 years (since 1940); founder still runs it after 86 years; family in the business (clay lewis, owner).