Frac 1 Enterprises Inc.
How we got $839K
Based on its 3 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Customers & suppliers
Customers
- Department of the Air Force · federal contracts $136K
- National Oceanic and Atmospheric Administration · federal contracts $120K
- Department of the Army · federal contracts $32K
- U.S. Geological Survey · federal contracts $23K
- Department of Veterans Affairs · federal contracts $4K
Estimated value over time
▲ 30% since 2021Today'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 |
|---|---|---|
| FRAC 1 ENTERPRISES INC. this business | $3.2M | — |
| INTERNATIONAL CUSTOM CONTROLS, LLC Tulsa · 24 employees | $27.3M | 3.2 mi |
| ADVANCED ELECTRICAL REBUILDERS OF OK Sapulpa · 4 employees | $5.2M | 4.6 mi |
| DYNAMIC AUDIO DESIGNS, LLC Tulsa · 5 employees | $7.8M | 7.2 mi |
| INTERSTATE ELECTRIC CORPORATION Sand Springs · 15 employees | $12.7M | 7.5 mi |
| SOUTHWESTERN BIOMEDICAL ELECTONICS, INC. Tulsa · 9 employees | $13.4M | 7.8 mi |
| A-TECH INC Tulsa · 20 employees | $22.1M | 8.0 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.3M |
| Estimate: the two combined (geometric mean) | $3.2M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $289K |
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 | $839K |
| Multiple for this size and industry | 2.9× |
| Value range | $441K – $1.1M |
| Revenue range | $2.1M – $3.6M |
| EBITDA range | $190K – $330K |
| Industry (NAICS) | Electrical apparatus and equipment, wiring supplies, and related equipment merchant wholesalers (423610) |
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 2021 | 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 |
|---|---|---|---|
| 2/6/2021 | second | $29K | 3 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Frac 1 Enterprises Inc.
Frac 1 Enterprises Inc. is an electrical apparatus and equipment, wiring supplies, and related equipment merchant wholesalers company in Tulsa, Oklahoma. Its estimated annual revenue is about $3.2M, with roughly $289K of EBITDA. It has about 3 employees. Its estimated business value is $839K (likely range $441K–$1.1M).
Common questions
- Who owns Frac 1 Enterprises Inc.?
- The owner of Frac 1 Enterprises 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 Frac 1 Enterprises Inc. make?
- SeeBITDA estimates Frac 1 Enterprises Inc.'s annual revenue at about $3.2M (likely between $2.1M and $3.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Frac 1 Enterprises Inc. worth?
- About $839K, roughly 2.9× its estimated EBITDA of $289K, typical for a electrical apparatus and equipment, wiring supplies, and related equipment merchant wholesalers company its size. Likely range: $441K–$1.1M.
- How many employees does Frac 1 Enterprises Inc. have?
- About 3, as reported on its PPP loan.