Industrial Electric & Testing Co.
How we got $978K
Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 36% 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 |
|---|---|---|
| INDUSTRIAL ELECTRIC & TESTING CO. this business | $1.6M | — |
| Progressive Business Information Systems, Inc. Tulsa | $2.0M | 0.9 mi |
| Video Gaming Technologies Tulsa | $2.0M | 0.9 mi |
| AVCON INC. Tulsa · 7 employees | $1.8M | 1.3 mi |
| WSA SALES COMPANY INC Tulsa · 7 employees | $2.5M | 1.4 mi |
| A & M ENGINEERING AND ENVIRONMENTAL SERVICES, INC. Tulsa · 45 employees | $15.2M | 1.5 mi |
| Telecor Communications Inc Tulsa | $2.0M | 1.6 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.6M |
| Estimate: the two combined (geometric mean) | $1.6M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $279K |
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 | $978K |
| Multiple for this size and industry | 3.5× |
| Value range | $515K – $1.3M |
| Revenue range | $1.0M – $1.8M |
| EBITDA range | $184K – $319K |
| Industry (NAICS) | Testing Laboratories and Services (541380) |
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
- BankingThe Central Trust BankPPP / 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 Roles are as stated there and may be out of date.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
| The Central Trust Bank PPP 2020, PPP 2021 | All 323 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $69K | 6 |
| 1/21/2021 | second | $68K | 6 |
About Industrial Electric & Testing Co.
Industrial Electric & Testing Co. is an engineering & architecture company in Tulsa, Oklahoma. Its estimated annual revenue is about $1.6M, with roughly $279K of EBITDA. It has about 6 employees. Its estimated business value is $978K (likely range $515K–$1.3M).
Common questions
- Who owns Industrial Electric & Testing Co.?
- The owner of Industrial Electric & Testing Co. 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 Industrial Electric & Testing Co. make?
- SeeBITDA estimates Industrial Electric & Testing Co.'s annual revenue at about $1.6M (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 Industrial Electric & Testing Co. worth?
- About $978K, roughly 3.5× its estimated EBITDA of $279K, typical for a engineering & architecture company its size. Likely range: $515K–$1.3M.
- How many employees does Industrial Electric & Testing Co. have?
- About 6, as reported on its PPP loan.