Minntech Electric, LLC
How we got $944K
Based on its 13 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Minntech Electric LLC is an Oklahoma City electrical contractor offering residential and commercial electrical services, including repairs, installations, inspections, and panel upgrades.
From the company's website. Industry: Electricians.
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 |
|---|---|---|
| MINNTECH ELECTRIC, LLC this business | $3.4M | — |
| Owens Service Electric Oklahoma City | $1.8M | 0.0 mi |
| EXPERT ELECTRIC INC Oklahoma City · 9 employees | $2.3M | 0.1 mi |
| CUSTOM CLIMATE LLC Oklahoma City · 7 employees | $2.3M | 0.1 mi |
| Roto-Rooter Plumbing & Drain Services Oklahoma City | $1.8M | 0.2 mi |
| Air Condition Oklahoma City | $1.8M | 0.3 mi |
| METRO-TECH ELECTRICAL CONTRACT Oklahoma City · 29 employees | $10.2M | 0.4 mi |
The full calculation
| Employees reported to the SBA | 13 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.7M |
| Estimate: the two combined (geometric mean) | $3.4M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $393K |
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 | $944K |
| Multiple for this size and industry | 2.4× |
| Value range | $497K – $1.3M |
| Revenue range | $2.2M – $3.9M |
| EBITDA range | $259K – $449K |
| 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
- BankingBank 7PPP / 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
| Bank 7 PPP 2020 | All 400 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 | $101K | 13 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Minntech Electric, LLC
Minntech Electric, LLC is an electricians company in Oklahoma City, Oklahoma, in business since 2012. Its estimated annual revenue is about $3.4M, with roughly $393K of EBITDA. It has about 13 employees. Its estimated business value is $944K (likely range $497K–$1.3M).
Common questions
- Who owns Minntech Electric, LLC?
- The owner of Minntech Electric, LLC 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 Minntech Electric, LLC make?
- SeeBITDA estimates Minntech Electric, LLC's annual revenue at about $3.4M (likely between $2.2M and $3.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Minntech Electric, LLC worth?
- About $944K, roughly 2.4× its estimated EBITDA of $393K, typical for a electricians company its size. Likely range: $497K–$1.3M.
- How many employees does Minntech Electric, LLC have?
- About 13, as reported on its PPP loan.
- When was Minntech Electric, LLC founded?
- Minntech Electric, LLC has been in business since 2012.