Mitchell Communications, Inc
How we got $2.2M
Based on its 23 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.
Employees over time
Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 23 | $4.5M |
| 2020 | Form 5500 | 19 | $3.7M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| MITCHELL COMMUNICATIONS, INC this business | $6.8M | — |
| Metro Electrical Contractors Oklahoma City | $1.8M | 0.1 mi |
| METROPOLITAN AIR CONDITIONING CO. Oklahoma City · 49 employees | $21.1M | 0.1 mi |
| HULL PLUMBING INC Oklahoma City · 22 employees | $7.3M | 0.1 mi |
| General Lighting & Sign Services Oklahoma City | $1.8M | 0.3 mi |
| WETHERBEE ELECTRIC, INC Oklahoma City · 25 employees | $10.4M | 0.3 mi |
| Service Refrigeration Company Oklahoma City | $1.8M | 0.4 mi |
The full calculation
| Employees reported to the SBA | 23 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $6.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.4M |
| Estimate: the two combined (geometric mean) | $6.8M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $720K |
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 | $2.2M |
| Multiple for this size and industry | 3× |
| Value range | $1.1M – $3.0M |
| Revenue range | $4.5M – $7.8M |
| EBITDA range | $474K – $821K |
| 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
- BankingKirkpatrick 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
| Kirkpatrick Bank PPP 2020 | All 258 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $199K | 23 |
About Mitchell Communications, Inc
Mitchell Communications, Inc is an electricians company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $6.8M, with roughly $720K of EBITDA. It has about 19 employees. Its estimated business value is $2.2M (likely range $1.1M–$3.0M).
Common questions
- Who owns Mitchell Communications, Inc?
- The owner of Mitchell Communications, 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 Mitchell Communications, Inc make?
- SeeBITDA estimates Mitchell Communications, Inc's annual revenue at about $6.8M (likely between $4.5M and $7.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Mitchell Communications, Inc worth?
- About $2.2M, roughly 3× its estimated EBITDA of $720K, typical for a electricians company its size. Likely range: $1.1M–$3.0M.
- How many employees does Mitchell Communications, Inc have?
- About 19, from its 2020 retirement-plan filing.