Craig's Express Electric
How we got $171K
Based on its 2 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 16% since 2021Today'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 |
|---|---|---|
| CRAIG'S EXPRESS ELECTRIC this business | $569K | — |
| C. FORD ELECTRIC, LLC Newcastle · 24 employees | $8.5M | 1.4 mi |
| RACER ELECTRIC, LLC Newcastle · 2 employees | $641K | 1.5 mi |
| EAGLE ELECTRIC INC Newcastle · 3 employees | $725K | 1.6 mi |
| BLACKWATER FIRE PROTECTION LLC Newcastle | $968K | 1.6 mi |
| Lacey Mechanical Llc Newcastle | $1.8M | 1.6 mi |
| GEORGES HEAT AND AIR LLC Newcastle · 1 employees | $485K | 1.6 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $494K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $505K |
| Estimate: the two combined (geometric mean) | $569K |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $86K |
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 | $171K |
| Multiple for this size and industry | 2× |
| Value range | $90K – $234K |
| Revenue range | $375K – $649K |
| EBITDA range | $56K – $98K |
| 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 and Trust Co, Chickasha, OklahomaPPP / 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 Roles are as stated there and may be out of date.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 and Trust Co, Chickasha, Oklahoma PPP 2021 | All 478 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 3/4/2021 | first | $16K | 2 |
About Craig's Express Electric
Craig's Express Electric is an electricians company in Newcastle, Oklahoma. Its estimated annual revenue is about $569K, with roughly $86K of EBITDA. It has about 2 employees. Its estimated business value is $171K (likely range $90K–$234K).
Common questions
- Who owns Craig's Express Electric?
- The owner of Craig's Express Electric 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 Craig's Express Electric make?
- SeeBITDA estimates Craig's Express Electric's annual revenue at about $569K (likely between $375K and $649K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Craig's Express Electric worth?
- About $171K, roughly 2× its estimated EBITDA of $86K, typical for a electricians company its size. Likely range: $90K–$234K.
- How many employees does Craig's Express Electric have?
- About 2, as reported on its PPP loan.