Spirit Electronic Communications
How we got $133K
Based on its 2 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SPIRIT ELECTRONIC COMMUNICATIONS this business | $443K | — |
| STALKER ELECTRIC, LLC Enid · 12 employees | $3.6M | 0.1 mi |
| MICHAEL'S ELECTRIC, INC. Enid · 2 employees | $530K | 0.5 mi |
| DENNIS PLUMBING COMPANY Enid · 7 employees | $1.9M | 0.5 mi |
| BEE LINE HEATING AND AIR CONDITIONING, LLC Enid · 15 employees | $3.9M | 0.5 mi |
| A-1 PLBG, HTG, A/C & SHEET METAL Enid · 5 employees | $1.4M | 0.7 mi |
| LEE'S PLBG LLC Enid · 2 employees | $518K | 0.7 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $494K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $306K |
| Estimate: the two combined (geometric mean) | $443K |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $67K |
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 | $133K |
| Multiple for this size and industry | 2× |
| Value range | $70K – $183K |
| Revenue range | $292K – $506K |
| EBITDA range | $44K – $76K |
| 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
People & advisors
Advisors
- BankingCowboy 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 Roles are as stated there and may be out of date.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
| Cowboy Bank PPP 2020, PPP 2021 | All 286 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $10K | 2 |
| 1/16/2021 | second | $7K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Spirit Electronic Communications
Spirit Electronic Communications is an electricians company in Enid, Oklahoma, in business since 2020. Its estimated annual revenue is about $443K, with roughly $67K of EBITDA. It has about 2 employees. Its estimated business value is $133K (likely range $70K–$183K).
Common questions
- Who owns Spirit Electronic Communications?
- The owner of Spirit Electronic Communications 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 Spirit Electronic Communications make?
- SeeBITDA estimates Spirit Electronic Communications's annual revenue at about $443K (likely between $292K and $506K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Spirit Electronic Communications worth?
- About $133K, roughly 2× its estimated EBITDA of $67K, typical for a electricians company its size. Likely range: $70K–$183K.
- How many employees does Spirit Electronic Communications have?
- About 2, as reported on its PPP loan.
- When was Spirit Electronic Communications founded?
- Spirit Electronic Communications has been in business since 2020.