Protech Electric Inc
How we got $817K
Based on its 11 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 15 years (since 2011)
From public records and the company's website, not a statement that it's for sale.
What they do
Protech Electric is a locally owned and operated electrical contracting company in Edmond, Oklahoma, providing residential and commercial electrical service with over 35 years of experience.
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 |
|---|---|---|
| PROTECH ELECTRIC INC this business | $2.9M | — |
| HVAC SOLUTIONS LLC Edmond · 8 employees | $2.4M | 0.4 mi |
| AC OWEN CONSTRUCTION, LLC Edmond · 26 employees | $13.9M | 0.5 mi |
| STONE CREEK PLUMBING COMPANY INC Edmond · 10 employees | $1.9M | 0.5 mi |
| DIVERSIFIED IMPROVEMENT SERVICES, INC Edmond · 11 employees | $3.2M | 0.6 mi |
| ABOVE ALL PLUMBING, INC. Edmond · 7 employees | $1.8M | 0.6 mi |
| WATER HEATER MAN, LLC Edmond · 1 employees | $300K | 0.6 mi |
The full calculation
| Employees reported to the SBA | 11 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.4M |
| Estimate: the two combined (geometric mean) | $2.9M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $340K |
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 | $817K |
| Multiple for this size and industry | 2.4× |
| Value range | $430K – $1.1M |
| Revenue range | $1.9M – $3.3M |
| EBITDA range | $224K – $388K |
| 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
- BankingThe Citizens Bank of EdmondPPP / 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
| The Citizens Bank of Edmond PPP 2020, PPP 2021 | All 502 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $90K | 9 |
| 1/19/2021 | second | $90K | 11 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Protech Electric Inc
Protech Electric Inc is an electricians company in Edmond, Oklahoma, in business since 2011. Its estimated annual revenue is about $2.9M, with roughly $340K of EBITDA. It has about 11 employees. Its estimated business value is $817K (likely range $430K–$1.1M).
Common questions
- Who owns Protech Electric Inc?
- The owner of Protech 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 Protech Electric Inc make?
- SeeBITDA estimates Protech Electric Inc's annual revenue at about $2.9M (likely between $1.9M and $3.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Protech Electric Inc worth?
- About $817K, roughly 2.4× its estimated EBITDA of $340K, typical for a electricians company its size. Likely range: $430K–$1.1M.
- How many employees does Protech Electric Inc have?
- About 11, as reported on its PPP loan.
- When was Protech Electric Inc founded?
- Protech Electric Inc has been in business since 2011.