Holtz Electric Inc
How we got $3.0M
Based on its 28 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 49 years (since 1977)
From public records and the company's website, not a statement that it's for sale.
What they do
Holtz Electric is a Bartlesville, Oklahoma electrical contractor offering electrical, structured cabling, telephone and audio/video services to businesses, industrial facilities, institutions and homeowners in Northeast Oklahoma.
From the company's website. Industry: Electricians.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- Laredo Petroleum · Tulsa, 41 mi · $1.95B
- Aaon, Inc. · Tulsa, 43 mi · $1.44B
- JCL SAFETY SERVICES, LLC · Tulsa, 47 mi · $1.02B
- XCALIBER INTERNATIONAL, LTD · Pryor, 51 mi · $615.5M
- KELVION INC. · Catoosa, 42 mi · $614.3M
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 |
|---|---|---|
| HOLTZ ELECTRIC INC this business | $10.7M | — |
| Webster Plumbing Bartlesville | $1.9M | 0.3 mi |
| Watters Heat & Air Bartlesville | $1.9M | 0.6 mi |
| BROWN PLUMBING LLC Bartlesville · 2 employees | $844K | 0.6 mi |
| TIMMONS SHEET METAL, INC. Bartlesville · 16 employees | $4.3M | 0.9 mi |
| Thrash Mechanical Bartlesville | $1.9M | 0.9 mi |
| R. E. P. ENTERPRICES, LLC Bartlesville · 13 employees | $3.8M | 1.0 mi |
The full calculation
| Employees reported to the SBA | 28 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $8.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $10.9M |
| Estimate: the two combined (geometric mean) | $10.7M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $995K |
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 | $3.0M |
| Multiple for this size and industry | 3× |
| Value range | $1.6M – $4.1M |
| Revenue range | $7.0M – $12.2M |
| EBITDA range | $655K – $1.1M |
| 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
“Since 1977, Holtz Electric has provided dependable electrical and technology solutions throughout Northeast Oklahoma.”
Advisors
- BankingBancFirstPPP / 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
| BancFirst PPP 2020, PPP 2021 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $402K | 28 |
| 1/26/2021 | second | $375K | 22 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Holtz Electric Inc
Holtz Electric Inc is an electricians company in Bartlesville, Oklahoma, in business since 1977. Its estimated annual revenue is about $10.7M, with roughly $995K of EBITDA. It has about 28 employees. Its estimated business value is $3.0M (likely range $1.6M–$4.1M).
Common questions
- Who owns Holtz Electric Inc?
- The owner of Holtz 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 Holtz Electric Inc make?
- SeeBITDA estimates Holtz Electric Inc's annual revenue at about $10.7M (likely between $7.0M and $12.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Holtz Electric Inc worth?
- About $3.0M, roughly 3× its estimated EBITDA of $995K, typical for a electricians company its size. Likely range: $1.6M–$4.1M.
- How many employees does Holtz Electric Inc have?
- About 28, as reported on its PPP loan.
- When was Holtz Electric Inc founded?
- Holtz Electric Inc has been in business since 1977.