Houchin Electric Company, Inc.
How we got $4.1M
Based on its 35 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
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| HOUCHIN ELECTRIC COMPANY, INC. this business | $12.2M | — |
| Airco Service Tulsa | $1.9M | 0.2 mi |
| ALLIANCE ELECTRICAL CONTRACTORS, INC. Tulsa · 23 employees | $8.2M | 0.2 mi |
| MAIN STREET MECHANICAL, LLC Tulsa · 4 employees | $1.4M | 0.4 mi |
| YORK PLUMBING INC Tulsa · 24 employees | $10.6M | 0.4 mi |
| Northwest Controls Tulsa | $1.3M | 0.4 mi |
| Mister Sparky Electrician Tulsa Tulsa | $1.9M | 0.4 mi |
The full calculation
| Employees reported to the SBA | 35 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $10.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $11.4M |
| Estimate: the two combined (geometric mean) | $12.2M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $1.1M |
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 | $4.1M |
| Multiple for this size and industry | 3.6× |
| Value range | $2.2M – $5.6M |
| Revenue range | $8.1M – $14.0M |
| EBITDA range | $751K – $1.3M |
| 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
- BankingSpiritBankPPP / 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 Roles are as stated there and may be out of date.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
| SpiritBank PPP 2020 | All 369 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 | $423K | 35 |
2 locations
| 9134 E 46TH ST | Tulsa | This listing |
| 12314 E 60th St | Tulsa | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Houchin Electric Company, Inc.
Houchin Electric Company, Inc. is an electricians company in Tulsa, Oklahoma. It is owned by Mark Marshall. Its estimated annual revenue is about $12.2M, with roughly $1.1M of EBITDA. It has about 35 employees. Its estimated business value is $4.1M (likely range $2.2M–$5.6M). It has 2 locations.
Common questions
- Who owns Houchin Electric Company, Inc.?
- Houchin Electric Company, Inc. is owned by Mark Marshall, according to public sources such as the company's website or filings.
- How much revenue does Houchin Electric Company, Inc. make?
- SeeBITDA estimates Houchin Electric Company, Inc.'s annual revenue at about $12.2M (likely between $8.1M and $14.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Houchin Electric Company, Inc. worth?
- About $4.1M, roughly 3.6× its estimated EBITDA of $1.1M, typical for a electricians company its size. Likely range: $2.2M–$5.6M.
- How many employees does Houchin Electric Company, Inc. have?
- About 35, as reported on its PPP loan.