Roark Electric LLC
How we got $208K
Based on its 3 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
▲ 100% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 3 | $581K |
| 2021 | Form 5500 | 4 | $775K |
| 2022 | Form 5500 | 7 | $1.4M |
| 2023 | Form 5500 | 8 | $1.6M |
| 2024 | Form 5500 | 6 | $1.2M |
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 |
|---|---|---|
| ROARK ELECTRIC LLC this business | $692K | — |
| Jackson Electric Wellston | $1.8M | 1.9 mi |
| JACKSON ELECTRICAL CONSTRUCTION LLC Wellston · 47 employees | $16.8M | 1.9 mi |
| UNITED CELLULAR SERVICES, INC Wellston · 5 employees | $1.2M | 2.0 mi |
| MASTERS MECHANICAL LLC Wellston · 5 employees | $951K | 4.0 mi |
| Coover Electric Wellston | $1.8M | 4.3 mi |
| MERRILL PLUMBING, LLC Wellston · 3 employees | $731K | 4.7 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) | $497K |
| Estimate: the two combined (geometric mean) | $692K |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $104K |
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 | $208K |
| Multiple for this size and industry | 2× |
| Value range | $109K – $285K |
| Revenue range | $455K – $789K |
| EBITDA range | $68K – $119K |
| 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 Bank and Trust CoPPP / 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 Bank and Trust Co PPP 2020 | All 694 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 | $16K | 3 |
About Roark Electric LLC
Roark Electric LLC is an electricians company in Wellston, Oklahoma. Its estimated annual revenue is about $692K, with roughly $104K of EBITDA. It has about 6 employees. Its estimated business value is $208K (likely range $109K–$285K).
Common questions
- Who owns Roark Electric LLC?
- The owner of Roark Electric 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 Roark Electric LLC make?
- SeeBITDA estimates Roark Electric LLC's annual revenue at about $692K (likely between $455K and $789K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Roark Electric LLC worth?
- About $208K, roughly 2× its estimated EBITDA of $104K, typical for a electricians company its size. Likely range: $109K–$285K.
- How many employees does Roark Electric LLC have?
- About 6, from its 2024 retirement-plan filing.