Forehand Electric Inc
How we got $660K
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 |
|---|---|---|
| FOREHAND ELECTRIC INC this business | $2.4M | — |
| Allied Plumbing Supply Tulsa | $1.8M | 0.2 mi |
| HEADRICK PLUMBING CO., INC. Tulsa · 18 employees | $5.5M | 0.4 mi |
| Allied Plumbing, Heat and Air Tulsa | $1.8M | 0.4 mi |
| LOGIC HEAT & AIR LLC Tulsa · 9 employees | $2.3M | 0.9 mi |
| DAVECO ELECTRIC Tulsa · 6 employees | $1.4M | 0.9 mi |
| Quantum Electric Co. Tulsa | $1.8M | 1.0 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) | $2.2M |
| Estimate: the two combined (geometric mean) | $2.4M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $275K |
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 | $660K |
| Multiple for this size and industry | 2.4× |
| Value range | $347K – $903K |
| Revenue range | $1.6M – $2.7M |
| EBITDA range | $181K – $313K |
| 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 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 Roles are as stated there and may be out of date.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 → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 8/3/2020 | first | $79K | 9 |
About Forehand Electric Inc
Forehand Electric Inc is an electricians company in Tulsa, Oklahoma. Its estimated annual revenue is about $2.4M, with roughly $275K of EBITDA. It has about 9 employees. Its estimated business value is $660K (likely range $347K–$903K).
Common questions
- Who owns Forehand Electric Inc?
- The owner of Forehand 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 Forehand Electric Inc make?
- SeeBITDA estimates Forehand Electric Inc's annual revenue at about $2.4M (likely between $1.6M and $2.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Forehand Electric Inc worth?
- About $660K, roughly 2.4× its estimated EBITDA of $275K, typical for a electricians company its size. Likely range: $347K–$903K.
- How many employees does Forehand Electric Inc have?
- About 9, as reported on its PPP loan.