Sparks Electric Inc
How we got $400K
Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 63 years (since 1963)
From public records and the company's website, not a statement that it's for sale.
What they do
From the company's website. Industry: Electricians.
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SPARKS ELECTRIC INC this business | $1.7M | — |
| AIRPRO HEATING & COOLING LLC Guymon · 6 employees | $1.6M | 1.3 mi |
| VIP Electric & Security Guymon | $1.9M | 1.3 mi |
| CUSTOM COMFORT, LLC Guymon · 2 employees | $610K | 1.4 mi |
| GUYMON HEATING AND AIR, LLC Guymon · 8 employees | $2.6M | 1.6 mi |
| STEVE'S ELECTRIC SERVICE LLC Guymon · 2 employees | $602K | 1.9 mi |
| SIM'S ELECTRIC OF OKLAHOMA, INC Guymon · 9 employees | $2.7M | 2.5 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.7M |
| Estimate: the two combined (geometric mean) | $1.7M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $200K |
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 | $400K |
| Multiple for this size and industry | 2× |
| Value range | $210K – $547K |
| Revenue range | $1.1M – $2.0M |
| EBITDA range | $132K – $228K |
| 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
- BankingEquity 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
| Equity Bank PPP 2020, PPP 2021 | All 375 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/11/2020 | first | $62K | 6 |
| 1/20/2021 | second | $62K | 6 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Sparks Electric Inc
Sparks Electric Inc is an electricians company in Guymon, Oklahoma, in business since 1963. Its estimated annual revenue is about $1.7M, with roughly $200K of EBITDA. It has about 6 employees. Its estimated business value is $400K (likely range $210K–$547K).
Common questions
- Who owns Sparks Electric Inc?
- The owner of Sparks 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 Sparks Electric Inc make?
- SeeBITDA estimates Sparks Electric Inc'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 Sparks Electric Inc worth?
- About $400K, roughly 2× its estimated EBITDA of $200K, typical for a electricians company its size. Likely range: $210K–$547K.
- How many employees does Sparks Electric Inc have?
- About 6, as reported on its PPP loan.
- When was Sparks Electric Inc founded?
- Sparks Electric Inc has been in business since 1963.