Diamondback Electric LLC
How we got $225K
Based on 3 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
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 |
|---|---|---|
| DIAMONDBACK ELECTRIC LLC this business | $877K | — |
| TALON ELECTRICAL SERVICES LLC Okeene · 2 employees | $395K | 1.2 mi |
| J K ELECTRIC, L.L.C. Okeene · 2 employees | $610K | 2.8 mi |
| BOB'S MECHANICAL LLC Ames · 3 employees | $918K | 10.0 mi |
| GT ELECTRIC LLC Ames · 2 employees | $584K | 11.0 mi |
| PHIL THE KOOL, LLC Hitchcock · 2 employees | $417K | 12.1 mi |
| Mac's Plumbing Heat & Air Inc Fairview | $1.8M | 12.5 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Industry revenue per employee | $194K |
| Revenue = employees × revenue per employee | $877K |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $112K |
| Cross-check: revenue implied by PPP payroll | $141K |
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 | $225K |
| Multiple for this size and industry | 2× |
| Value range | $106K – $319K |
| Revenue range | $519K – $1.0M |
| EBITDA range | $67K – $133K |
| 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
Advisors
- BankingOklahoma's Federal Credit UnionPPP / 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 Roles are as stated there and may be out of date.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
| Oklahoma's Federal Credit Union PPP 2020 | All 65 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $5K | 3 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Diamondback Electric LLC
Diamondback Electric LLC is an electricians company in Okeene, Oklahoma, in business since 2026. Its estimated annual revenue is about $877K, with roughly $112K of EBITDA. It has about 3 employees. Its estimated business value is $225K (likely range $106K–$319K).
Common questions
- Who owns Diamondback Electric LLC?
- The owner of Diamondback Electric 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 Diamondback Electric LLC make?
- SeeBITDA estimates Diamondback Electric LLC's annual revenue at about $877K (likely between $519K and $1.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Diamondback Electric LLC worth?
- About $225K, roughly 2× its estimated EBITDA of $112K, typical for a electricians company its size. Likely range: $106K–$319K.
- How many employees does Diamondback Electric LLC have?
- About 3, as reported on its PPP loan.
- When was Diamondback Electric LLC founded?
- Diamondback Electric LLC has been in business since 2026.