Michael's Electric, Inc.
How we got $160K
Based on its 2 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 |
|---|---|---|
| MICHAEL'S ELECTRIC, INC. this business | $530K | — |
| SPIRIT ELECTRONIC COMMUNICATIONS Enid · 2 employees | $444K | 0.5 mi |
| STALKER ELECTRIC, LLC Enid · 12 employees | $3.6M | 0.6 mi |
| DENNIS PLUMBING COMPANY Enid · 7 employees | $1.9M | 0.7 mi |
| CHARLES MECHANICAL LLC Enid · 2 employees | $453K | 0.7 mi |
| Faith Mechanical North Enid | $1.8M | 0.8 mi |
| MIDWEST REFRIGERATION, INC. Enid · 11 employees | $3.2M | 0.9 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $494K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $438K |
| Estimate: the two combined (geometric mean) | $530K |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $80K |
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 | $160K |
| Multiple for this size and industry | 2× |
| Value range | $84K – $218K |
| Revenue range | $349K – $605K |
| EBITDA range | $52K – $91K |
| 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
- BankingInterBankPPP / 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 Roles are as stated there and may be out of date.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
| InterBank PPP 2020 | All 585 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $14K | 2 |
About Michael's Electric, Inc.
Michael's Electric, Inc. is an electricians company in Enid, Oklahoma. Its estimated annual revenue is about $530K, with roughly $80K of EBITDA. It has about 2 employees. Its estimated business value is $160K (likely range $84K–$218K).
Common questions
- Who owns Michael's Electric, Inc.?
- The owner of Michael's 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 Michael's Electric, Inc. make?
- SeeBITDA estimates Michael's Electric, Inc.'s annual revenue at about $530K (likely between $349K and $605K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Michael's Electric, Inc. worth?
- About $160K, roughly 2× its estimated EBITDA of $80K, typical for a electricians company its size. Likely range: $84K–$218K.
- How many employees does Michael's Electric, Inc. have?
- About 2, as reported on its PPP loan.