Spj Electric Inc
How we got $926K
Based on its 11 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 24% 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.
What we know
The full calculation
| Employees reported to the SBA | 11 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.7M |
| Estimate: the two combined (geometric mean) | $3.1M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $309K |
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 | $926K |
| Multiple for this size and industry | 3× |
| Value range | $487K – $1.3M |
| Revenue range | $2.0M – $3.5M |
| EBITDA range | $203K – $352K |
| Industry (NAICS) | Unclassified (n/a) |
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: sector default. 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
- BankingJPMorgan Chase Bank, National AssociationPPP / 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 Roles are as stated there and may be out of date.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
| JPMorgan Chase Bank, National Association PPP 2020, PPP 2021 | All 993 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/1/2020 | first | $85K | 11 |
| 2/2/2021 | second | $88K | 11 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Spj Electric Inc
Spj Electric Inc is an unclassified company in Choctaw, Oklahoma. It is owned by Philip M Tompkins. Its estimated annual revenue is about $3.1M, with roughly $309K of EBITDA. It has about 11 employees. Its estimated business value is $926K (likely range $487K–$1.3M).
Common questions
- Who owns Spj Electric Inc?
- Spj Electric Inc is owned by Philip M Tompkins, according to public sources such as the company's website or filings.
- How much revenue does Spj Electric Inc make?
- SeeBITDA estimates Spj Electric Inc's annual revenue at about $3.1M (likely between $2.0M and $3.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Spj Electric Inc worth?
- About $926K, roughly 3× its estimated EBITDA of $309K, typical for a unclassified company its size. Likely range: $487K–$1.3M.
- How many employees does Spj Electric Inc have?
- About 11, as reported on its PPP loan.