Redbone Electrical Contractors LLC
How we got $2.0M
Based on its 24 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.
Employees over time
▼ 38% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 24 | $4.7M |
| 2025 | Form 5500 | 15 | $2.9M |
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.
What we know
Signs of a sale Unlikely to sell soon
- In business 16 years (since 2010)
From public records and the company's website, not a statement that it's for sale.
What they do
RedBone Electrical Contractors LLC offers electrical services for homes and businesses in Oklahoma City, including generator installation for residential and commercial customers.
From the company's website. Industry: Electricians.
Customers & suppliers
Suppliers & brands
- Commins Generators · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| REDBONE ELECTRICAL CONTRACTORS LLC this business | $6.1M | — |
| HARWELL A/C & HEATING LLC Oklahoma City · 2 employees | $503K | 0.0 mi |
| HARWELL AC AND HEATING LLC Oklahoma City · 3 employees | $831K | 0.0 mi |
| HOMETOWN FULL SERVICE ELECTRIC, LLC Oklahoma City · 11 employees | $3.2M | 0.0 mi |
| New Standard Heating and Air Oklahoma City | $1.9M | 0.1 mi |
| HEARTLAND PLUMBING SERVICES Oklahoma City · 5 employees | $1.3M | 0.3 mi |
| Trane Commercial Oklahoma City | $1.9M | 0.4 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) | $4.2M |
| Estimate: the two combined (geometric mean) | $6.1M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $650K |
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 | $2.0M |
| Multiple for this size and industry | 3× |
| Value range | $1.0M – $2.7M |
| Revenue range | $4.0M – $7.0M |
| EBITDA range | $428K – $741K |
| 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 2010, we have been providing the Oklahoma City community our expert electrical services.”
Advisors
- BankingFirst Fidelity BankPPP / 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 Fidelity Bank PPP 2020, PPP 2021 | All 940 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $155K | 19 |
| 4/14/2021 | second | $171K | 24 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Redbone Electrical Contractors LLC
Redbone Electrical Contractors LLC is an electricians company in Oklahoma City, Oklahoma, in business since 2010. Its estimated annual revenue is about $6.1M, with roughly $650K of EBITDA. It has about 15 employees. Its estimated business value is $2.0M (likely range $1.0M–$2.7M).
Common questions
- Who owns Redbone Electrical Contractors LLC?
- The owner of Redbone Electrical Contractors LLC 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 Redbone Electrical Contractors LLC make?
- SeeBITDA estimates Redbone Electrical Contractors LLC's annual revenue at about $6.1M (likely between $4.0M and $7.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Redbone Electrical Contractors LLC worth?
- About $2.0M, roughly 3× its estimated EBITDA of $650K, typical for a electricians company its size. Likely range: $1.0M–$2.7M.
- How many employees does Redbone Electrical Contractors LLC have?
- About 15, from its 2025 retirement-plan filing.
- When was Redbone Electrical Contractors LLC founded?
- Redbone Electrical Contractors LLC has been in business since 2010.