Spotlight Electric, Inc.
How we got $300K
Based on 4 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
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 |
|---|---|---|
| SPOTLIGHT ELECTRIC, INC. this business | $1.2M | — |
| SHIREY ELECTRIC, LLC Spencer · 7 employees | $1.6M | 0.5 mi |
| CRAMER COMMUNICATIONS LLC Spencer · 3 employees | $892K | 2.2 mi |
| SPENCER AIR CONDITIONING HEATING & REFRIGERATION LLC Spencer · 16 employees | $4.6M | 2.4 mi |
| Vip Plumbingok Jones | $3.7M | 2.5 mi |
| JEAN'S PLUMBING CO. Jones · 7 employees | $2.2M | 2.9 mi |
| CORNERSTONE WIRING & ELECTRICAL SERVICES LLC Jones · 16 employees | $4.0M | 3.7 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Industry revenue per employee | $194K |
| Revenue = employees × revenue per employee | $1.2M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $150K |
| Cross-check: revenue implied by PPP payroll | $279K |
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 | $300K |
| Multiple for this size and industry | 2× |
| Value range | $142K – $426K |
| Revenue range | $692K – $1.4M |
| EBITDA range | $89K – $177K |
| Industry (NAICS) | Electrical Contractors and Other Wiring Installation Contractors (238210) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- BankingBancFirstPPP / 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 Roles are as stated there and may be out of date.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
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $9K | 4 |
About Spotlight Electric, Inc.
Spotlight Electric, Inc. is an electricians company in Spencer, Oklahoma. Its estimated annual revenue is about $1.2M, with roughly $150K of EBITDA. It has about 4 employees. Its estimated business value is $300K (likely range $142K–$426K).
Common questions
- Who owns Spotlight Electric, Inc.?
- The owner of Spotlight 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 Spotlight Electric, Inc. make?
- SeeBITDA estimates Spotlight Electric, Inc.'s annual revenue at about $1.2M (likely between $692K and $1.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Spotlight Electric, Inc. worth?
- About $300K, roughly 2× its estimated EBITDA of $150K, typical for a electricians company its size. Likely range: $142K–$426K.
- How many employees does Spotlight Electric, Inc. have?
- About 4, as reported on its PPP loan.