R-2 Electric Inc
How we got $156K
Based on its 3 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
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| R-2 ELECTRIC INC this business | $518K | — |
| ALL MECHANICAL SOLUTIONS, LLC Shawnee · 3 employees | $861K | 1.8 mi |
| SELECT SERVICE ELECTRIC Shawnee · 3 employees | $501K | 2.6 mi |
| WATKINS HEATING & AIR CONDITIONING INC Tecumseh · 10 employees | $2.5M | 4.3 mi |
| MARSH ELECTRIC, LLC Shawnee · 11 employees | $2.9M | 4.9 mi |
| BRYAN ZUCK HEAT & AIR Mcloud · 1 employees | $484K | 5.3 mi |
| Kizzia Heating And Air Conditioning Shawnee | $1.9M | 5.7 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $741K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $279K |
| Estimate: the two combined (geometric mean) | $518K |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $78K |
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 | $156K |
| Multiple for this size and industry | 2× |
| Value range | $82K – $213K |
| Revenue range | $341K – $591K |
| EBITDA range | $51K – $89K |
| Industry (NAICS) | Electrical Contractors and Other Wiring Installation Contractors (238210) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- BankingBOKF, National AssociationPPP / 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 Roles are as stated there and may be out of date.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
| BOKF, National Association PPP 2020, PPP 2021 | All 2,399 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 8/4/2020 | first | $9K | 3 |
| 2/12/2021 | second | $9K | 3 |
About R-2 Electric Inc
R-2 Electric Inc is an electricians company in Shawnee, Oklahoma. Its estimated annual revenue is about $518K, with roughly $78K of EBITDA. It has about 3 employees. Its estimated business value is $156K (likely range $82K–$213K).
Common questions
- Who owns R-2 Electric Inc?
- The owner of R-2 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 R-2 Electric Inc make?
- SeeBITDA estimates R-2 Electric Inc's annual revenue at about $518K (likely between $341K and $591K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is R-2 Electric Inc worth?
- About $156K, roughly 2× its estimated EBITDA of $78K, typical for a electricians company its size. Likely range: $82K–$213K.
- How many employees does R-2 Electric Inc have?
- About 3, as reported on its PPP loan.