Spencer Electric
How we got $72K
Based on its 1 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 55% 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 |
|---|---|---|
| SPENCER ELECTRIC this business | $432K | — |
| BEST DEAL REMODELING LLC Spencer · 1 employees | $403K | 0.3 mi |
| POWERUP CONTRACTING LLC Midwest City · 1 employees | $403K | 2.1 mi |
| PHIDO GROUP LLC Midwest City · 2 employees | $2.1M | 2.2 mi |
| MICHAEL'S HOME REPAIRS, LLC Oklahoma City · 1 employees | $238K | 2.2 mi |
| STEELE CONSTRUCTION INC Midwest City · 1 employees | $403K | 3.0 mi |
| AMITY CONSTRUCTION & CONTRACTING LLC Midwest City · 1 employees | $437K | 3.0 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $340K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $421K |
| Estimate: the two combined (geometric mean) | $432K |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $38K |
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 | $72K |
| Multiple for this size and industry | 1.9× |
| Value range | $38K – $98K |
| Revenue range | $284K – $492K |
| EBITDA range | $25K – $43K |
| Industry (NAICS) | Residential Remodelers (236118) |
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
- BankingPrestamos CDFI, 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 Roles are as stated there and may be out of date.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
| Prestamos CDFI, LLC PPP 2021 | All 191 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/22/2021 | first | $10K | 1 |
About Spencer Electric
Spencer Electric is a home builders company in Spencer, Oklahoma. Its estimated annual revenue is about $432K, with roughly $38K of EBITDA. It has about 1 employees. Its estimated business value is $72K (likely range $38K–$98K).
Common questions
- Who owns Spencer Electric?
- The owner of Spencer Electric 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 Spencer Electric make?
- SeeBITDA estimates Spencer Electric's annual revenue at about $432K (likely between $284K and $492K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Spencer Electric worth?
- About $72K, roughly 1.9× its estimated EBITDA of $38K, typical for a home builders company its size. Likely range: $38K–$98K.
- How many employees does Spencer Electric have?
- About 1, as reported on its PPP loan.