M & M Electric Co.
How we got $1.6M
Based on its 22 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 |
|---|---|---|
| M & M ELECTRIC CO. this business | $5.0M | — |
| ALLTERRAIN ELECTRIC, LLC Drummond · 22 employees | $4.5M | 2.8 mi |
| MOORE PLUMBING LLC Lahoma · 3 employees | $649K | 4.8 mi |
| KOOL FOAM LLC Enid · 4 employees | $1.6M | 5.6 mi |
| NORTHWEST ELECTRIC SERVICE COMPANY, LLC Enid · 3 employees | $527K | 5.8 mi |
| DRC ELECTRIC LLC Enid · 3 employees | $466K | 6.3 mi |
| ALPINE MECHANICAL LLC Enid · 4 employees | $815K | 6.4 mi |
The full calculation
| Employees reported to the SBA | 22 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.2M |
| Estimate: the two combined (geometric mean) | $5.0M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $525K |
Brought up to date: prices are 10% higher than in the benchmark's year and Oklahoma employment in this industry has fallen 2% since 2020, both included above.
| Estimated value = EBITDA × typical sale multiple | $1.6M |
| Multiple for this size and industry | 3× |
| Value range | $945K – $2.5M |
| Revenue range | $3.7M – $6.4M |
| EBITDA range | $394K – $683K |
| 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
- BankingCowboy 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 Roles are as stated there and may be out of date.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
| Cowboy Bank PPP 2020, PPP 2021 | All 286 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/3/2020 | first | $257K | 22 |
| 1/21/2021 | second | $190K | 15 |
About M & M Electric Co.
M & M Electric Co. is an electricians company in Enid, Oklahoma. Its estimated annual revenue is about $5.0M, with roughly $525K of EBITDA. It has about 22 employees. Its estimated business value is $1.6M (likely range $945K–$2.5M).
Common questions
- Who owns M & M Electric Co.?
- The owner of M & M Electric 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 M & M Electric Co. make?
- SeeBITDA estimates M & M Electric Co.'s annual revenue at about $5.0M (likely between $3.7M and $6.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is M & M Electric Co. worth?
- About $1.6M, roughly 3× its estimated EBITDA of $525K, typical for a electricians company its size. Likely range: $945K–$2.5M.
- How many employees does M & M Electric Co. have?
- About 22, as reported on its PPP loan.