Cotton Electric Services, Inc.
How we got $904K
Based on its 7 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 27 years (since 1999)
From public records and the company's website, not a statement that it's for sale.
What they do
Cotton Electric Services, Inc. (CESI) is a high voltage test lab in Walters, OK that commercially tests and sells high voltage safety equipment, serving line workers.
From the company's website. Industry: Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance.
Customers & suppliers
Customers
- Department of the Air Force · federal contracts $52K
Suppliers & brands
- Salisbury by Honeywell · brand it sells or installs
- Novax · brand it sells or installs
- Hastings · brand it sells or installs
- Youngstown · brand it sells or installs
- Line Work Bucket Products · brand it sells or installs
- Chance · brand it sells or installs
- Hubbell Chance · brand it sells or installs
- Youngstown Glove Company · brand it sells or installs
- Estex · brand it sells or installs
- Kunz · brand it sells or installs
Estimated value over time
▲ 18% 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 |
|---|---|---|
| COTTON ELECTRIC SERVICES, INC. this business | $2.4M | — |
| Lawton LP Gas Lawton | $1.7M | 16.8 mi |
| Airgas Lawton | $1.7M | 16.9 mi |
| CRANE SOLUTIONS, LLC Lawton · 2 employees | $821K | 17.8 mi |
| RED RIVER SCIENCE AND TECHNOLOGY, LLC Lawton · 225 employees | $70.3M | 18.1 mi |
| LANCO SERVICES LLC Cache · 25 employees | $9.7M | 22.7 mi |
| WILCOX WELDER REPAIR INC Duncan · 2 employees | $637K | 22.7 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.2M |
| Estimate: the two combined (geometric mean) | $2.4M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $301K |
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 | $904K |
| Multiple for this size and industry | 3× |
| Value range | $476K – $1.2M |
| Revenue range | $1.6M – $2.8M |
| EBITDA range | $198K – $343K |
| Industry (NAICS) | Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance (811310) |
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
- BankingCoBank ACBPPP / 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
| CoBank ACB PPP 2020 | All 7 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $61K | 7 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Cotton Electric Services, Inc.
Cotton Electric Services, Inc. is a commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance company in Walters, Oklahoma, in business since 1999. It is owned by Jennifer Meason (Chief Executive Officer). Its estimated annual revenue is about $2.4M, with roughly $301K of EBITDA. It has about 7 employees. Its estimated business value is $904K (likely range $476K–$1.2M).
Common questions
- Who owns Cotton Electric Services, Inc.?
- Cotton Electric Services, Inc. is owned by Jennifer Meason (Chief Executive Officer), according to public sources such as the company's website or filings.
- How much revenue does Cotton Electric Services, Inc. make?
- SeeBITDA estimates Cotton Electric Services, Inc.'s annual revenue at about $2.4M (likely between $1.6M and $2.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Cotton Electric Services, Inc. worth?
- About $904K, roughly 3× its estimated EBITDA of $301K, typical for a commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance company its size. Likely range: $476K–$1.2M.
- How many employees does Cotton Electric Services, Inc. have?
- About 7, as reported on its PPP loan.
- When was Cotton Electric Services, Inc. founded?
- Cotton Electric Services, Inc. has been in business since 1999.