King Electric LLC
How we got $5.6M
Based on its 49 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 25 years (since 2001)
From public records and the company's website, not a statement that it's for sale.
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 |
|---|---|---|
| KING ELECTRIC LLC this business | $17.9M | — |
| EGS INC El Reno · 15 employees | $3.5M | 0.3 mi |
| DARREN HICKS PLUMBING CO LLC El Reno · 1 employees | $308K | 0.4 mi |
| Lloyd Electric El Reno | $1.8M | 0.5 mi |
| MILL-AIR MECHANICAL A/C AND HEATING, LLC El Reno · 2 employees | $486K | 0.6 mi |
| SKY SERVICES LLC El Reno · 1 employees | $453K | 0.9 mi |
| Air Guard LLC El Reno | $1.8M | 1.0 mi |
The full calculation
| Employees reported to the SBA | 49 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $14.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $17.4M |
| Estimate: the two combined (geometric mean) | $17.9M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $1.6M |
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 | $5.6M |
| Multiple for this size and industry | 3.6× |
| Value range | $2.9M – $7.6M |
| Revenue range | $11.8M – $20.4M |
| EBITDA range | $1.0M – $1.8M |
| 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
People & advisors
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 Roles are as stated there and may be out of date.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 | 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 |
|---|---|---|---|
| 4/8/2020 | first | $645K | 49 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About King Electric LLC
King Electric LLC is an electricians company in El Reno, Oklahoma, in business since 2001. It is owned by Paul King. Its estimated annual revenue is about $17.9M, with roughly $1.6M of EBITDA. It has about 49 employees. Its estimated business value is $5.6M (likely range $2.9M–$7.6M).
Common questions
- Who owns King Electric LLC?
- King Electric LLC is owned by Paul King, according to public sources such as the company's website or filings.
- How much revenue does King Electric LLC make?
- SeeBITDA estimates King Electric LLC's annual revenue at about $17.9M (likely between $11.8M and $20.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is King Electric LLC worth?
- About $5.6M, roughly 3.6× its estimated EBITDA of $1.6M, typical for a electricians company its size. Likely range: $2.9M–$7.6M.
- How many employees does King Electric LLC have?
- About 49, as reported on its PPP loan.
- When was King Electric LLC founded?
- King Electric LLC has been in business since 2001.