Lighten Up Electric
How we got $205K
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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 |
|---|---|---|
| LIGHTEN UP ELECTRIC this business | $682K | — |
| Glazier Plumbing & Sprinkler Edmond | $1.8M | 1.4 mi |
| RANDOLPH ELECTRIC LLC Edmond · 11 employees | $2.4M | 1.7 mi |
| SAFE ELECTRIC LLC Guthrie · 11 employees | $2.5M | 1.7 mi |
| Mimbela Electric Edmond | $1.8M | 2.1 mi |
| Air Care Clean Edmond | $1.8M | 2.4 mi |
| Bauco Air Conditioning & Heating Services Guthrie | $1.8M | 2.5 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $988K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $362K |
| Estimate: the two combined (geometric mean) | $682K |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $103K |
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 | $205K |
| Multiple for this size and industry | 2× |
| Value range | $108K – $281K |
| Revenue range | $448K – $777K |
| EBITDA range | $67K – $117K |
| Industry (NAICS) | Electrical Contractors and Other Wiring Installation Contractors (238210) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- BankingMidFirst 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 Roles are as stated there and may be out of date.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
| MidFirst Bank PPP 2020, PPP 2021 | All 2,403 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $12K | 2 |
| 3/27/2021 | second | $30K | 4 |
About Lighten Up Electric
Lighten Up Electric is an electricians company in Guthrie, Oklahoma. Its estimated annual revenue is about $682K, with roughly $103K of EBITDA. It has about 4 employees. Its estimated business value is $205K (likely range $108K–$281K).
Common questions
- Who owns Lighten Up Electric?
- The owner of Lighten Up Electric 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 Lighten Up Electric make?
- SeeBITDA estimates Lighten Up Electric's annual revenue at about $682K (likely between $448K and $777K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Lighten Up Electric worth?
- About $205K, roughly 2× its estimated EBITDA of $103K, typical for a electricians company its size. Likely range: $108K–$281K.
- How many employees does Lighten Up Electric have?
- About 4, as reported on its PPP loan.