Crimson Electrical Services, LLC
How we got $290K
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
Employees over time
▲ 80% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 5 | $969K |
| 2025 | Form 5500 | 9 | $1.7M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
What we know
What they do
Crimson Electrical Services LLC is a local, family owned business serving Central Oklahoma with commercial and industrial electrical services.
From the company's website. Industry: Electricians.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| CRIMSON ELECTRICAL SERVICES, LLC this business | $1.1M | — |
| MIDWESTERN ELECTRICAL CONTRACTORS, LLC Noble · 55 employees | $16.6M | 0.7 mi |
| PRECISION ELECTRIC INC Noble · 2 employees | $371K | 0.9 mi |
| ALL SEASON ELECTRIC LLC Noble · 6 employees | $1.4M | 1.0 mi |
| Corwine Electric And Security Norman | $1.9M | 1.6 mi |
| GENESIS ELECTRIC LLC Norman · 3 employees | $934K | 1.6 mi |
| MUSGRAVE ELECTRIC LLC Noble · 1 employees | $222K | 2.2 mi |
Ranges & sources
| Revenue range | $744K – $1.3M |
| EBITDA range | $95K – $165K |
| Industry (NAICS) | Electrical Contractors and Other Wiring Installation Contractors (238210) |
| Value range | $153K – $397K |
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
History & advisors
“Crimson Electrical Services LLC has been in the electrical business since 2016.”
Advisors
- BankingArmstrong 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 Roles are as stated there and may be out of date.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
| Armstrong Bank PPP 2020 | All 1,355 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $32K | 5 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Crimson Electrical Services, LLC
Crimson Electrical Services, LLC is a family-owned electricians company in Noble, Oklahoma, in business since 2016. Its estimated annual revenue is about $1.1M, with roughly $145K of EBITDA. It has about 9 employees. Its estimated business value is $290K (likely range $153K–$397K).
Common questions
- Who owns Crimson Electrical Services, LLC?
- The owner of Crimson Electrical Services, LLC 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 Crimson Electrical Services, LLC make?
- SeeBITDA estimates Crimson Electrical Services, LLC's annual revenue at about $1.1M (likely between $744K and $1.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Crimson Electrical Services, LLC worth?
- About $290K, roughly 2× its estimated EBITDA of $145K, typical for a electricians company its size. Likely range: $153K–$397K.
- How many employees does Crimson Electrical Services, LLC have?
- About 9, from its 2025 retirement-plan filing.
- When was Crimson Electrical Services, LLC founded?
- Crimson Electrical Services, LLC has been in business since 2016.