Quality Electric Construction & Maintenance Inc
How we got $3.0M
Based on its 31 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 35 years (since 1991)
From public records and the company's website, not a statement that it's for sale.
What they do
Quality Electric Construction and Maintenance Corp. is an electrical contractor in Ardmore, OK, serving residential, commercial and industrial customers. It says it has been in business since 1991 and is bondable, insured and licensed.
From the company's website. Industry: Electricians.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| QUALITY ELECTRIC CONSTRUCTION & MAINTENANCE INC this business | $10.7M | — |
| Ninja Co. Heat & Air Ardmore | $1.9M | 0.1 mi |
| VERNON'S PLUMBING, HEATING & AIR CONDITIONING, INC. Ardmore · 26 employees | $9.2M | 0.3 mi |
| VERNONS PLUMBING HEATING & AIR CONDITIONING INC Ardmore · 24 employees | $8.8M | 0.3 mi |
| Clements Electric Ardmore | $1.9M | 0.4 mi |
| SHRADER ELECTRIC INC. Ardmore · 6 employees | $1.5M | 0.5 mi |
| TOP TECH HEAT & AIR INC Ardmore · 12 employees | $2.9M | 0.5 mi |
The full calculation
| Employees reported to the SBA | 31 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $8.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $9.9M |
| Estimate: the two combined (geometric mean) | $10.7M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $999K |
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 | $3.0M |
| Multiple for this size and industry | 3× |
| Value range | $1.6M – $4.1M |
| Revenue range | $7.1M – $12.2M |
| EBITDA range | $657K – $1.1M |
| 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
- BankingFirst National Bank and Trust Company of ArdmorePPP / 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
| First National Bank and Trust Company of Ardmore PPP 2020, PPP 2021 | All 457 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 | $366K | 31 |
| 1/23/2021 | second | $376K | 24 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Quality Electric Construction & Maintenance Inc
Quality Electric Construction & Maintenance Inc is an electricians company in Ardmore, Oklahoma, in business since 1991. Its estimated annual revenue is about $10.7M, with roughly $999K of EBITDA. It has about 31 employees. Its estimated business value is $3.0M (likely range $1.6M–$4.1M).
Common questions
- Who owns Quality Electric Construction & Maintenance Inc?
- The owner of Quality Electric Construction & Maintenance 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 Quality Electric Construction & Maintenance Inc make?
- SeeBITDA estimates Quality Electric Construction & Maintenance Inc's annual revenue at about $10.7M (likely between $7.1M and $12.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Quality Electric Construction & Maintenance Inc worth?
- About $3.0M, roughly 3× its estimated EBITDA of $999K, typical for a electricians company its size. Likely range: $1.6M–$4.1M.
- How many employees does Quality Electric Construction & Maintenance Inc have?
- About 31, as reported on its PPP loan.
- When was Quality Electric Construction & Maintenance Inc founded?
- Quality Electric Construction & Maintenance Inc has been in business since 1991.