Correct O Mundo Electric, Inc.
How we got $220K
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 |
|---|---|---|
| CORRECT O MUNDO ELECTRIC, INC. this business | $858K | — |
| OASIS HEATING & AIR CONDITIONING Edmond · 2 employees | $405K | 1.9 mi |
| EVER-READY PLUMBING HEATING AND AIR CONDITIONING INC Edmond · 3 employees | $1.0M | 1.9 mi |
| CHALLENGER ELECTRIC INC. Edmond · 4 employees | $985K | 1.9 mi |
| PANCO, INC. Edmond · 9 employees | $2.8M | 1.9 mi |
| BESTWAY MECHANICAL SERVICES INC. Edmond · 2 employees | $561K | 2.0 mi |
| THOMAS MECHANICAL SERVICES INC. Edmond · 2 employees | $570K | 2.0 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) | $574K |
| Estimate: the two combined (geometric mean) | $858K |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $110K |
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 | $220K |
| Multiple for this size and industry | 2× |
| Value range | $116K – $301K |
| Revenue range | $565K – $979K |
| EBITDA range | $72K – $126K |
| 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
- BankingRCB 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 Roles are as stated there and may be out of date.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
| RCB Bank PPP 2020, PPP 2021 | All 1,690 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/29/2020 | first | $19K | 4 |
| 4/14/2021 | second | $11K | 4 |
About Correct O Mundo Electric, Inc.
Correct O Mundo Electric, Inc. is an electricians company in Edmond, Oklahoma. Its estimated annual revenue is about $858K, with roughly $110K of EBITDA. It has about 4 employees. Its estimated business value is $220K (likely range $116K–$301K).
Common questions
- Who owns Correct O Mundo Electric, Inc.?
- The owner of Correct O Mundo 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 Correct O Mundo Electric, Inc. make?
- SeeBITDA estimates Correct O Mundo Electric, Inc.'s annual revenue at about $858K (likely between $565K and $979K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Correct O Mundo Electric, Inc. worth?
- About $220K, roughly 2× its estimated EBITDA of $110K, typical for a electricians company its size. Likely range: $116K–$301K.
- How many employees does Correct O Mundo Electric, Inc. have?
- About 4, as reported on its PPP loan.