Parrish Electric
How we got $1.0M
Based on its 14 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
What we know
Signs of a sale Some signs of a sale
- In business 31 years (since 1995)
From public records and the company's website, not a statement that it's for sale.
What they do
Parrish Electric, Inc. is an electrical contractor in Perry, Oklahoma, serving Noble County and surrounding areas since 1995 with residential, commercial and oilfield electrical work.
From the company's website. Industry: Electricians.
Customers & suppliers
Customers
- Exchange Bank & Trust Company · named on its website
- First Bank & Trust · named on its website
- Perry Public Schools Remodel · named on its website
- City Of Perry · named on its website
- The Lodge Apartments · named on its website
- Perry Chamber of Commerce Office · named on its website
- Perry Main Street Office · named on its website
- Wear the Shoe Fits · named on its website
- Calvary Baptist Church · named on its website
- Electrical Installation of Oil Wells · named on its website
- Presbyterian Church · named on its website
- Vance Chevrolet Dealership · named on its website
- Oklahoma State University · named on its website
- Love's Country Stores · named on its website
Suppliers & brands
- Generac · brand it sells or installs
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- Continental Resources · Oklahoma City, 58 mi · $7.69B
- GULFPORT ENERGY CORPORATION · Oklahoma City, 49 mi · $1.42B
- MACH RESOURCES LLC · Oklahoma City, 49 mi · $1.18B
- CROWN ENERGY COMPANY · Oklahoma City, 56 mi · $711.9M
- MUSTANG FUEL CORPORATION · Oklahoma City, 51 mi · $708.4M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| PARRISH ELECTRIC this business | $4.0M | — |
| HULET PLUMBING INC Perry · 5 employees | $1.3M | 0.6 mi |
| Pj' S Plumbing, Llc Perry | $1.9M | 0.7 mi |
| NORTON HEAT AND AIR, LLC Perry · 5 employees | $1.2M | 1.4 mi |
| MAC'S PLUMBING INC Morrison · 2 employees | $355K | 9.7 mi |
| LIGHTNING HEATING AIR CONDITIONING & COMMERCIAL REFRIGERATIO Stillwater · 1 employees | $397K | 11.0 mi |
| Payne County Mechanical Stillwater | $1.9M | 12.7 mi |
The full calculation
| Employees reported to the SBA | 14 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.6M |
| Estimate: the two combined (geometric mean) | $4.0M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $426K |
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 | $1.0M |
| Multiple for this size and industry | 2.4× |
| Value range | $539K – $1.4M |
| Revenue range | $2.6M – $4.6M |
| EBITDA range | $280K – $486K |
| 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
“Since 1995 Parrish Electric, Inc. has been serving the Noble County and the surrounding areas.”
Advisors
- BankingExchange Bank and Trust CompanyPPP / 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
| Exchange Bank and Trust Company PPP 2020, PPP 2021 | All 217 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $133K | 14 |
| 2/10/2021 | second | $139K | 13 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Parrish Electric
Parrish Electric is a family-owned electricians company in Perry, Oklahoma, in business since 1995. Its estimated annual revenue is about $4.0M, with roughly $426K of EBITDA. It has about 14 employees. Its estimated business value is $1.0M (likely range $539K–$1.4M).
Common questions
- Who owns Parrish Electric?
- The owner of Parrish Electric 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 Parrish Electric make?
- SeeBITDA estimates Parrish Electric's annual revenue at about $4.0M (likely between $2.6M and $4.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Parrish Electric worth?
- About $1.0M, roughly 2.4× its estimated EBITDA of $426K, typical for a electricians company its size. Likely range: $539K–$1.4M.
- How many employees does Parrish Electric have?
- About 14, as reported on its PPP loan.
- When was Parrish Electric founded?
- Parrish Electric has been in business since 1995.