Grounded Electric LLC
How we got $371K
Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
What we know
What they do
Grounded Electric LLC is a West Michigan owned and operated electrical business providing residential and commercial electrician services, including 24-hour emergency service. It serves homeowners and businesses in West Michigan.
From the company's website. Industry: Electricians.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| GROUNDED ELECTRIC LLC this business | $1.6M | — |
| HOUSTON ELECTRIC INC Garber · 42 employees | $16.9M | 0.2 mi |
| SMALL TOWN ELECTRIC LLC Garber · 1 employees | $292K | 0.6 mi |
| DENSE ENTERPRISES, LLC DBA DENSE MECHANICAL Enid | $12.6M | 11.8 mi |
| K& S PUMPING UNIT REPAIR, INC Enid · 12 employees | $4.8M | 12.0 mi |
| LLOYDS HEAT & AIR INC Enid · 2 employees | $740K | 14.1 mi |
| Lloyd'sHeat and Air Inc Enid | $1.9M | 14.1 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.5M |
| Estimate: the two combined (geometric mean) | $1.6M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $186K |
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 | $371K |
| Multiple for this size and industry | 2× |
| Value range | $195K – $508K |
| Revenue range | $1.1M – $1.8M |
| EBITDA range | $122K – $212K |
| 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 & Trust CompanyPPP / 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 |
|---|---|---|---|
| 4/7/2020 | first | $54K | 6 |
| 1/23/2021 | second | $54K | 5 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Grounded Electric LLC
Grounded Electric LLC is an electricians company in Garber, Oklahoma, in business since 2022. Its estimated annual revenue is about $1.6M, with roughly $186K of EBITDA. It has about 6 employees. Its estimated business value is $371K (likely range $195K–$508K).
Common questions
- Who owns Grounded Electric LLC?
- The owner of Grounded 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 Grounded Electric LLC make?
- SeeBITDA estimates Grounded Electric LLC's annual revenue at about $1.6M (likely between $1.1M and $1.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Grounded Electric LLC worth?
- About $371K, roughly 2× its estimated EBITDA of $186K, typical for a electricians company its size. Likely range: $195K–$508K.
- How many employees does Grounded Electric LLC have?
- About 6, as reported on its PPP loan.
- When was Grounded Electric LLC founded?
- Grounded Electric LLC has been in business since 2022.