Rci Electric, Inc.
How we got $2.3M
Based on its 24 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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.
Employees over time
▼ 13% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 24 | $4.7M |
| 2020 | Form 5500 | 19 | $3.7M |
| 2021 | Form 5500 | 21 | $4.1M |
| 2022 | Form 5500 | 19 | $3.7M |
| 2023 | Form 5500 | 16 | $3.1M |
| 2024 | Form 5500 | 15 | $2.9M |
| 2025 | Form 5500 | 21 | $4.1M |
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 |
|---|---|---|
| RCI ELECTRIC, INC. this business | $7.4M | — |
| HAPPY DANCE PAINTING, INC. Tulsa · 2 employees | $881K | 0.4 mi |
| Dave's Heat & Air Tulsa | $1.8M | 1.0 mi |
| Air Masters Tulsa | $1.8M | 1.0 mi |
| Yeldell Electric Tulsa | $1.8M | 1.0 mi |
| DEBCO ELECTRIC, INC. Tulsa · 8 employees | $2.6M | 1.2 mi |
| VISION ELECTRIC LLC Tulsa · 6 employees | $1.9M | 1.2 mi |
The full calculation
| Employees reported to the SBA | 24 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $6.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $6.1M |
| Estimate: the two combined (geometric mean) | $7.4M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $782K |
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 | $2.3M |
| Multiple for this size and industry | 3× |
| Value range | $1.2M – $3.2M |
| Revenue range | $4.9M – $8.4M |
| EBITDA range | $515K – $892K |
| 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
- BankingWeStreet FCUPPP / 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
| WeStreet FCU PPP 2020 | All 179 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $225K | 24 |
About Rci Electric, Inc.
Rci Electric, Inc. is an electricians company in Tulsa, Oklahoma. Its estimated annual revenue is about $7.4M, with roughly $782K of EBITDA. It has about 21 employees. Its estimated business value is $2.3M (likely range $1.2M–$3.2M).
Common questions
- Who owns Rci Electric, Inc.?
- The owner of Rci 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 Rci Electric, Inc. make?
- SeeBITDA estimates Rci Electric, Inc.'s annual revenue at about $7.4M (likely between $4.9M and $8.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Rci Electric, Inc. worth?
- About $2.3M, roughly 3× its estimated EBITDA of $782K, typical for a electricians company its size. Likely range: $1.2M–$3.2M.
- How many employees does Rci Electric, Inc. have?
- About 21, from its 2025 retirement-plan filing.