First Class Electric LLC
How we got $630K
Based on its 9 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 |
|---|---|---|
| FIRST CLASS ELECTRIC LLC this business | $2.3M | — |
| SUNBELT FIRE PROTECTION, INC. Tulsa · 13 employees | $3.4M | 0.3 mi |
| ELECTRICAL MAINTENANCE SERVICES INC Tulsa · 2 employees | $697K | 0.3 mi |
| TEL-STAR TECHNOLOGIES INC Tulsa · 12 employees | $3.6M | 0.3 mi |
| All-Temp Heating and Air Cond Tulsa | $1.8M | 0.3 mi |
| ALLIED METAL SPECIALTIES COMPANY, INC Tulsa · 2 employees | $543K | 0.5 mi |
| WRIGHT'S HEAT, AIR & REFRIGERATION LLC Tulsa · 2 employees | $642K | 0.6 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.0M |
| Estimate: the two combined (geometric mean) | $2.3M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $263K |
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 | $630K |
| Multiple for this size and industry | 2.4× |
| Value range | $332K – $862K |
| Revenue range | $1.5M – $2.6M |
| EBITDA range | $173K – $299K |
| 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
- BankingMabrey 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 Roles are as stated there and may be out of date.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
| Mabrey Bank PPP 2020 | All 851 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/7/2020 | first | $72K | 9 |
About First Class Electric LLC
First Class Electric LLC is an electricians company in Tulsa, Oklahoma. Its estimated annual revenue is about $2.3M, with roughly $263K of EBITDA. It has about 9 employees. Its estimated business value is $630K (likely range $332K–$862K).
Common questions
- Who owns First Class Electric LLC?
- The owner of First Class 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 First Class Electric LLC make?
- SeeBITDA estimates First Class Electric LLC's annual revenue at about $2.3M (likely between $1.5M and $2.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is First Class Electric LLC worth?
- About $630K, roughly 2.4× its estimated EBITDA of $263K, typical for a electricians company its size. Likely range: $332K–$862K.
- How many employees does First Class Electric LLC have?
- About 9, as reported on its PPP loan.