Field Electric, Inc
How we got $906K
Based on its 11 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Likely to sell
- In business 59 years (since 1967)
- Founder still runs it after 59 years
From public records and the company's website, not a statement that it's for sale.
What they do
Field Electric, Inc. is an electrical contractor in Stillwater, Oklahoma, offering residential, commercial and industrial electrical work, plus low-voltage systems integration.
From the company's website. Industry: Electricians.
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 |
|---|---|---|
| FIELD ELECTRIC, INC this business | $3.3M | — |
| ORANGE HEAT AND AIR LLC Stillwater · 1 employees | $390K | 0.2 mi |
| HARRISON ELECTRIC OF STILLWATER INC Stillwater · 7 employees | $1.8M | 0.7 mi |
| L&B PLUMBING LLC Stillwater · 6 employees | $1.4M | 0.8 mi |
| OVERHEAD DOOR CO. OF STILLWATER, L.L.C. Stillwater · 9 employees | $4.1M | 0.9 mi |
| ACE ELECTRIC LLC Stillwater · 4 employees | $1.3M | 1.1 mi |
| ADVANTAGE PLUMBING HEATING AND COOLING, LLC Stillwater · 19 employees | $5.3M | 1.1 mi |
The full calculation
| Employees reported to the SBA | 11 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.0M |
| Estimate: the two combined (geometric mean) | $3.3M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $377K |
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 | $906K |
| Multiple for this size and industry | 2.4× |
| Value range | $477K – $1.2M |
| Revenue range | $2.1M – $3.7M |
| EBITDA range | $248K – $430K |
| 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
History & advisors
Advisors
- BankingBancFirstPPP / 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
| BancFirst PPP 2020, PPP 2021 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/13/2020 | first | $110K | 11 |
| 1/26/2021 | second | $111K | 11 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Field Electric, Inc
Field Electric, Inc is an electricians company in Stillwater, Oklahoma, in business since 1967. It is owned by Kenneth Field (Founder). Its estimated annual revenue is about $3.3M, with roughly $377K of EBITDA. It has about 11 employees. Its estimated business value is $906K (likely range $477K–$1.2M).
Common questions
- Who owns Field Electric, Inc?
- Field Electric, Inc is owned by Kenneth Field (Founder), according to public sources such as the company's website or filings.
- How much revenue does Field Electric, Inc make?
- SeeBITDA estimates Field Electric, Inc's annual revenue at about $3.3M (likely between $2.1M and $3.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Field Electric, Inc worth?
- About $906K, roughly 2.4× its estimated EBITDA of $377K, typical for a electricians company its size. Likely range: $477K–$1.2M.
- How many employees does Field Electric, Inc have?
- About 11, as reported on its PPP loan.
- When was Field Electric, Inc founded?
- Field Electric, Inc has been in business since 1967.
- Is Field Electric, Inc for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 59 years (since 1967); founder still runs it after 59 years.