How we got $404K
Based on its 7 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 16% since 2021Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SHIELD SYSTEMS this business | $1.7M | — |
| CONTROL FIRE SYSTEMS, COMPANY Oklahoma City · 55 employees | $20.4M | 0.8 mi |
| Electrical Line Services Inc Oklahoma City | $1.9M | 1.1 mi |
| EAGLE ELECTRIC INC Newcastle · 3 employees | $725K | 1.4 mi |
| C. FORD ELECTRIC, LLC Newcastle · 24 employees | $8.5M | 1.6 mi |
| Lacey Mechanical Llc Newcastle | $1.9M | 1.7 mi |
| Paschal Air, Plumbing & Electric Newcastle | $1.9M | 1.7 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.5M |
| Estimate: the two combined (geometric mean) | $1.7M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $202K |
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 | $404K |
| Multiple for this size and industry | 2× |
| Value range | $213K – $553K |
| Revenue range | $1.1M – $2.0M |
| EBITDA range | $133K – $230K |
| 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
- BankingItria Ventures LLCPPP / 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 Roles are as stated there and may be out of date.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
| Itria Ventures LLC PPP 2021 | All 196 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 2/25/2021 | first | $54K | 7 |
About Shield Systems
Shield Systems is an electricians company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $1.7M, with roughly $202K of EBITDA. It has about 7 employees. Its estimated business value is $404K (likely range $213K–$553K).
Common questions
- Who owns Shield Systems?
- The owner of Shield Systems 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 Shield Systems make?
- SeeBITDA estimates Shield Systems's annual revenue at about $1.7M (likely between $1.1M and $2.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Shield Systems worth?
- About $404K, roughly 2× its estimated EBITDA of $202K, typical for a electricians company its size. Likely range: $213K–$553K.
- How many employees does Shield Systems have?
- About 7, as reported on its PPP loan.