Gourney Electric
How we got $360K
Based on its 7 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 |
|---|---|---|
| GOURNEY ELECTRIC this business | $1.5M | — |
| BISHOP ELECTRIC INC Duncan · 5 employees | $1.3M | 0.1 mi |
| CLIMATE CONTROL CO, INC Duncan · 11 employees | $2.9M | 0.1 mi |
| VERMILLION PLUMBING LLC Duncan · 11 employees | $2.8M | 0.3 mi |
| BJ'S ELECTRIC LLC Duncan · 6 employees | $1.5M | 0.8 mi |
| BK EQUIPMENT LLC Duncan · 18 employees | $10.9M | 1.0 mi |
| SMITH-DRESSLER ELECTRICAL SERVICES, LLC Duncan · 14 employees | $4.6M | 1.3 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.2M |
| Estimate: the two combined (geometric mean) | $1.5M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $180K |
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 | $360K |
| Multiple for this size and industry | 2× |
| Value range | $189K – $492K |
| Revenue range | $1.0M – $1.8M |
| EBITDA range | $118K – $205K |
| 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
- BankingFirst Bank and Trust CoPPP / 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 Roles are as stated there and may be out of date.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
| First Bank and Trust Co PPP 2020, PPP 2021 | All 694 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $43K | 7 |
| 1/28/2021 | second | $50K | 6 |
About Gourney Electric
Gourney Electric is an electricians company in Duncan, Oklahoma. Its estimated annual revenue is about $1.5M, with roughly $180K of EBITDA. It has about 7 employees. Its estimated business value is $360K (likely range $189K–$492K).
Common questions
- Who owns Gourney Electric?
- The owner of Gourney Electric 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 Gourney Electric make?
- SeeBITDA estimates Gourney Electric's annual revenue at about $1.5M (likely between $1.0M and $1.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Gourney Electric worth?
- About $360K, roughly 2× its estimated EBITDA of $180K, typical for a electricians company its size. Likely range: $189K–$492K.
- How many employees does Gourney Electric have?
- About 7, as reported on its PPP loan.