Diamond Electric
How we got $305K
Based on its 5 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 |
|---|---|---|
| DIAMOND ELECTRIC this business | $1.2M | — |
| Vision Contracting Mcalester | $1.8M | 0.0 mi |
| Bemac Supply Mcalester | $1.8M | 0.7 mi |
| H AND P MECHANICAL LLC Mcalester · 10 employees | $3.0M | 0.8 mi |
| Broken Arrow Electric Mcalester | $1.8M | 1.0 mi |
| VALLEY ELECTRIC SERVICES LLC Mcalester · 10 employees | $4.1M | 1.1 mi |
| White Electric Supply Mcalester | $1.8M | 1.1 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $980K |
| Estimate: the two combined (geometric mean) | $1.2M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $153K |
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 | $305K |
| Multiple for this size and industry | 2× |
| Value range | $161K – $418K |
| Revenue range | $783K – $1.4M |
| EBITDA range | $100K – $174K |
| 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
- BankingBOKF, National Association, The Bank National AssociationPPP / 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 Roles are as stated there and may be out of date.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
| BOKF, National Association PPP 2020 | All 2,399 borrowers → |
| The Bank National Association PPP 2021 | All 161 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 | $36K | 5 |
| 1/26/2021 | second | $39K | 5 |
2 locations
| 2001 N 16TH ST | Mcalester | This listing |
| 1141 NW 27th St | Oklahoma City | View |
Revenue, profit and value are for the whole company.
About Diamond Electric
Diamond Electric is an electricians company in Mcalester, Oklahoma. Its estimated annual revenue is about $1.2M, with roughly $153K of EBITDA. It has about 5 employees. Its estimated business value is $305K (likely range $161K–$418K). It has 2 locations.
Common questions
- Who owns Diamond Electric?
- The owner of Diamond 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 Diamond Electric make?
- SeeBITDA estimates Diamond Electric's annual revenue at about $1.2M (likely between $783K and $1.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Diamond Electric worth?
- About $305K, roughly 2× its estimated EBITDA of $153K, typical for a electricians company its size. Likely range: $161K–$418K.
- How many employees does Diamond Electric have?
- About 5, as reported on its PPP loan.