Dane & Associates Electric Co. Inc.
How we got $13.7M
Based on its 76 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Signs of a sale Likely to sell
- In business 50 years (since 1976)
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
Dane Electric is a union commercial electrical contractor serving Oklahoma and surrounding states since 1976, focused on commercial and industrial electrical, telecommunications, fiber optic and data network systems, and sports lighting.
From the company's website. Industry: Electricians.
Customers & suppliers
Customers
- OG&E · named on its website
- American Airlines · named on its website
- Armstong · named on its website
- Bemis · named on its website
- Jendal Films · named on its website
- Midwest Scrap Management · named on its website
- ONEOK · named on its website
- Peoples Electric Cooperative · named on its website
- Purina · named on its website
- Wynnewood Refinery · named on its website
- Xerox · named on its website
- Mid-Del Schools · named on its website
- Oklahoma City Schools · named on its website
- OSU · named on its website
- OU · named on its website
Suppliers & brands
- Generac · brand it sells or installs
Estimated value over time
▲ 517% 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
▼ 76% since 2021Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2021 | PPP loan | 76 | $14.7M |
| 2020 | Form 5500 | 15 | $2.9M |
| 2021 | Form 5500 | 19 | $3.7M |
| 2022 | Form 5500 | 17 | $3.3M |
| 2023 | Form 5500 | 18 | $3.5M |
| 2024 | Form 5500 | 17 | $3.3M |
| 2025 | Form 5500 | 18 | $3.5M |
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| DANE & ASSOCIATES ELECTRIC CO. INC. this business | $35.9M | — |
| Shawnee Lighting Oklahoma City | $1.8M | 0.0 mi |
| Advanced Air Specialists Oklahoma City | $1.8M | 0.0 mi |
| Harrison-duncan Electric, Inc. Oklahoma City | $1.8M | 0.2 mi |
| HOPKINS ELECTRIC COMPANY Oklahoma City · 6 employees | $1.5M | 0.2 mi |
| Blue Sky Electric Oklahoma City | $1.8M | 0.2 mi |
| LIBRA ELECTRIC COMPANY Oklahoma City · 53 employees | $21.0M | 0.3 mi |
The full calculation
| Employees reported to the SBA | 76 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $21.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $45.4M |
| Estimate: the two combined (geometric mean) | $35.9M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $3.1M |
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 | $13.7M |
| Multiple for this size and industry | 4.4× |
| Value range | $7.2M – $18.8M |
| Revenue range | $23.6M – $41.0M |
| EBITDA range | $2.1M – $3.6M |
| Industry (NAICS) | Electrical Contractors and Other Wiring Installation Contractors (238210) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
“Since 1976, our goals and ideals remain the same as we seek to exceed your expectations each and every time.”
Leadership
- KRKevin RyelPresident · Company website · source
Advisors
- BankingValliance 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
| Valliance Bank PPP 2021 | All 439 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2021 | first | $1.7M | 76 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Dane & Associates Electric Co. Inc.
Dane & Associates Electric Co. Inc. is an electricians company in Oklahoma City, Oklahoma, in business since 1976. It is owned by Josh Bentley. Its estimated annual revenue is about $35.9M, with roughly $3.1M of EBITDA. It has about 18 employees. Its estimated business value is $13.7M (likely range $7.2M–$18.8M).
Common questions
- Who owns Dane & Associates Electric Co. Inc.?
- Dane & Associates Electric Co. Inc. is owned by Josh Bentley, according to public sources such as the company's website or filings.
- How much revenue does Dane & Associates Electric Co. Inc. make?
- SeeBITDA estimates Dane & Associates Electric Co. Inc.'s annual revenue at about $35.9M (likely between $23.6M and $41.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Dane & Associates Electric Co. Inc. worth?
- About $13.7M, roughly 4.4× its estimated EBITDA of $3.1M, typical for a electricians company its size. Likely range: $7.2M–$18.8M.
- How many employees does Dane & Associates Electric Co. Inc. have?
- About 18, from its 2025 retirement-plan filing.
- When was Dane & Associates Electric Co. Inc. founded?
- Dane & Associates Electric Co. Inc. has been in business since 1976.
- Is Dane & Associates Electric Co. Inc. for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 50 years (since 1976); no family successor named on its website.