Lowery Electric, Inc.
How we got $643K
Based on its 9 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 |
|---|---|---|
| LOWERY ELECTRIC, INC. this business | $2.3M | — |
| BIGGS ELECTRIC, LLC Yukon · 5 employees | $976K | 1.0 mi |
| Plumb Consulting Oklahoma City | $1.8M | 1.1 mi |
| TROOPS REFRIGERATION LLC Oklahoma City · 12 employees | $3.0M | 1.1 mi |
| Corps Electric Oklahoma City | $1.8M | 1.2 mi |
| ComfortShield Heat & Air Yukon | $1.8M | 1.4 mi |
| All Around Plumbing Fort Yukon | $1.8M | 1.9 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.0M |
| Estimate: the two combined (geometric mean) | $2.3M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $268K |
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 | $643K |
| Multiple for this size and industry | 2.4× |
| Value range | $338K – $880K |
| Revenue range | $1.5M – $2.6M |
| EBITDA range | $176K – $305K |
| 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
- BankingProsperity 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 Roles are as stated there and may be out of date.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
| Prosperity Bank PPP 2020 | All 748 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/30/2020 | first | $75K | 9 |
About Lowery Electric, Inc.
Lowery Electric, Inc. is an electricians company in Yukon, Oklahoma. Its estimated annual revenue is about $2.3M, with roughly $268K of EBITDA. It has about 9 employees. Its estimated business value is $643K (likely range $338K–$880K).
Common questions
- Who owns Lowery Electric, Inc.?
- The owner of Lowery 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 Lowery Electric, Inc. make?
- SeeBITDA estimates Lowery Electric, Inc.'s annual revenue at about $2.3M (likely between $1.5M and $2.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Lowery Electric, Inc. worth?
- About $643K, roughly 2.4× its estimated EBITDA of $268K, typical for a electricians company its size. Likely range: $338K–$880K.
- How many employees does Lowery Electric, Inc. have?
- About 9, as reported on its PPP loan.