Don Schimmels Electric, Inc.
How we got $2.2M
Based on its 23 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 |
|---|---|---|
| DON SCHIMMELS ELECTRIC, INC. this business | $7.8M | — |
| AIR CONDITIONING CONCEPTS OF OK, LLC Edmond · 23 employees | $7.3M | 0.0 mi |
| AVL SYSTEMS DESIGN, LLC Edmond · 25 employees | $7.6M | 0.2 mi |
| PRUDHOM HEATING & AIR CONDITIONING, LLC Edmond · 12 employees | $4.2M | 0.2 mi |
| STAMPS COMMUNICATIONS, INC. Edmond · 3 employees | $1.0M | 0.2 mi |
| Air Conditioning Concepts Of Oklahoma Edmond | $1.8M | 0.3 mi |
| Affordable Plumbing Expert's LLC Edmond | $1.8M | 0.5 mi |
The full calculation
| Employees reported to the SBA | 23 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $6.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $7.1M |
| Estimate: the two combined (geometric mean) | $7.8M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $727K |
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 | $2.2M |
| Multiple for this size and industry | 3× |
| Value range | $1.1M – $3.0M |
| Revenue range | $5.1M – $8.9M |
| EBITDA range | $478K – $829K |
| 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
- BankingNBC 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 Roles are as stated there and may be out of date.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
| NBC Oklahoma PPP 2020, PPP 2021 | All 526 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/11/2020 | first | $261K | 20 |
| 1/19/2021 | second | $267K | 23 |
About Don Schimmels Electric, Inc.
Don Schimmels Electric, Inc. is an electricians company in Edmond, Oklahoma. Its estimated annual revenue is about $7.8M, with roughly $727K of EBITDA. It has about 23 employees. Its estimated business value is $2.2M (likely range $1.1M–$3.0M).
Common questions
- Who owns Don Schimmels Electric, Inc.?
- The owner of Don Schimmels Electric, Inc. 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 Don Schimmels Electric, Inc. make?
- SeeBITDA estimates Don Schimmels Electric, Inc.'s annual revenue at about $7.8M (likely between $5.1M and $8.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Don Schimmels Electric, Inc. worth?
- About $2.2M, roughly 3× its estimated EBITDA of $727K, typical for a electricians company its size. Likely range: $1.1M–$3.0M.
- How many employees does Don Schimmels Electric, Inc. have?
- About 23, as reported on its PPP loan.