Oil Capital Electric LLC
How we got $31.4M
Based on its 186 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 56 years (since 1970)
From public records and the company's website, not a statement that it's for sale.
What they do
Oil Capital Electric is a mechanical, electrical and plumbing contractor that says it serves a range of industries, from aviation and commercial to healthcare and public works. It describes nearly 50 years of quality work and offers electrical or mechanical services, or both, from one source.
From the company's website. Industry: Electricians.
Customers & suppliers
Customers
- City of Batesville · named on its website
- Kamo Power · named on its website
- Beaver Water District · named on its website
- Tyson Foods · named on its website
Estimated value over time
▼ 2% 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
▲ 44% since 2021Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2021 | PPP loan | 186 | $36.0M |
| 2020 | Form 5500 | 232 | $45.0M |
| 2022 | Form 5500 | 243 | $47.1M |
| 2023 | Form 5500 | 255 | $49.4M |
| 2024 | Form 5500 | 268 | $51.9M |
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 |
|---|---|---|
| OIL CAPITAL ELECTRIC LLC this business | $79.3M | — |
| OCE MECHANICAL LLC Broken Arrow · 46 employees | $22.1M | 0.0 mi |
| Trane Commercial Sales Office Broken Arrow | $1.9M | 0.2 mi |
| YORK ELECTRONIC SYSTEMS, INC Broken Arrow · 37 employees | $12.7M | 0.2 mi |
| POLAR BEAR JACK'S HEATING AND AIR DESIGN LLC Broken Arrow · 12 employees | $3.0M | 0.2 mi |
| AMP ELECTRICAL SERVICES LLC Broken Arrow · 9 employees | $2.1M | 0.2 mi |
| IPC SOLUTIONS LLC Broken Arrow · 28 employees | $10.7M | 0.2 mi |
The full calculation
| Employees reported to the SBA | 186 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $60.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $79.8M |
| Estimate: the two combined (geometric mean) | $79.3M |
| EBITDA margin (industry, adjusted for size) | 8% |
| EBITDA = revenue × margin | $6.0M |
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 | $31.4M |
| Multiple for this size and industry | 5.2× |
| Value range | $16.5M – $42.9M |
| Revenue range | $52.2M – $90.5M |
| EBITDA range | $4.0M – $6.9M |
| 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
History & advisors
Advisors
- AccountingMorse & Co.Audits its 401(k) plan (2024 filing)
- BankingFirstar 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
| Firstar Bank PPP 2021 | All 380 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/19/2021 | first | $2.9M | 186 |
| 3/16/2021 | second | $2.0M | 186 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Oil Capital Electric LLC
Oil Capital Electric LLC is an electricians company in Broken Arrow, Oklahoma, in business since 1970. Its estimated annual revenue is about $79.3M, with roughly $6.0M of EBITDA. It has about 268 employees. Its estimated business value is $31.4M (likely range $16.5M–$42.9M).
Common questions
- Who owns Oil Capital Electric LLC?
- The owner of Oil Capital 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 Oil Capital Electric LLC make?
- SeeBITDA estimates Oil Capital Electric LLC's annual revenue at about $79.3M (likely between $52.2M and $90.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Oil Capital Electric LLC worth?
- About $31.4M, roughly 5.2× its estimated EBITDA of $6.0M, typical for a electricians company its size. Likely range: $16.5M–$42.9M.
- How many employees does Oil Capital Electric LLC have?
- About 268, from its 2024 retirement-plan filing.
- When was Oil Capital Electric LLC founded?
- Oil Capital Electric LLC has been in business since 1970.