SeeBITDAOklahoma

Clingman Electric Service, Inc

  • 15880 150th Street, Lindsay, OK
Estimated valueMedium confidence
$1.2M
$607Klikely range$1.6M
About 2.4× its yearly profit, typical for a company this size in its industry.
Revenue
$4.5M
a year
Profit (EBITDA)
$481K
11% of revenue
Employees
15
reported in 2020
Owner not found yet
We haven't found the owner in public records

How we got $1.2M

Based on its 15 employees and its payroll, both reported for PPP in 2020 and brought up to date.

15 employees × $250K each$3.8M
PPP payroll ÷ payroll's usual share of revenue$4.2M
Shown toward the top of its range×1.14
Revenue$4.5M
× 11% profit margin$481K
× 2.4 sale multiple = value$1.2M

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
No website found
Owner not found

Estimated value over time

▲ 22% since 2020
$0$663K$1.3M20202026

Today'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

BusinessEst. revenueEst. profitDistance
CLINGMAN ELECTRIC SERVICE, INC
this business
$4.5M$481K—
DRENNAN ELECTRIC LLC
Lindsay · 1 employees
$351K$53K5.7 mi
WILSON MECHANICAL LLC
Purcell · 4 employees
$950K$122K6.6 mi
Wilson Air Conditioning
Lindsay
$1.8M$237K6.9 mi
LOWELL MIKE VANONI
Lindsay · 3 employees
$968K$124K7.4 mi
ZAMCO PLUMBING LLC
Blanchard · 5 employees
$1.3M$170K7.8 mi
CALDERA ELECTRIC LLC
Purcell
$3.0M$353K8.7 mi

The full calculation

Employees reported to the SBA15
Revenue from headcount (employees × revenue per employee for companies this size)$3.8M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$4.2M
Estimate: the two combined (geometric mean)$4.5M
EBITDA margin (industry, adjusted for size)11%
EBITDA = revenue × margin$481K

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$1.2M
Multiple for this size and industry2.4×
Value range$607K – $1.6M
Revenue range$3.0M – $5.2M
EBITDA range$316K – $548K
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

  • BankingThe First National Bank of LindsayPPP / 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 First National Bank of Lindsay
PPP 2020, PPP 2021
All 58 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/9/2020first$157K$159K15The First National Bank of Lindsay
1/16/2021second$111K$114K10The First National Bank of Lindsay

About Clingman Electric Service, Inc

Clingman Electric Service, Inc is an electricians company in Lindsay, Oklahoma. Its estimated annual revenue is about $4.5M, with roughly $481K of EBITDA. It has about 15 employees. Its estimated business value is $1.2M (likely range $607K–$1.6M).

Common questions

Who owns Clingman Electric Service, Inc?
The owner of Clingman Electric Service, 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 Clingman Electric Service, Inc make?
SeeBITDA estimates Clingman Electric Service, Inc's annual revenue at about $4.5M (likely between $3.0M and $5.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Clingman Electric Service, Inc worth?
About $1.2M, roughly 2.4× its estimated EBITDA of $481K, typical for a electricians company its size. Likely range: $607K–$1.6M.
How many employees does Clingman Electric Service, Inc have?
About 15, as reported on its PPP loan.