State Wide Electric Inc
How we got $1.1M
Based on its 15 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 45 years (since 1981)
From public records and the company's website, not a statement that it's for sale.
What they do
State Wide Electric, Inc. is a woman-owned electrical contractor serving commercial clients in the Oklahoma City area since 1981.
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 |
|---|---|---|
| STATE WIDE ELECTRIC INC this business | $4.2M | — |
| Moisant Electric Oklahoma City | $1.8M | 0.1 mi |
| ROBIN CUTTER Oklahoma City · 1 employees | $485K | 0.4 mi |
| Cutters Plumbing Llc Oklahoma City | $1.8M | 0.4 mi |
| HVAC Services By Vu Oklahoma City | $1.8M | 0.7 mi |
| ELIZONDO AIR MANAGEMENT SOLUTIONS LLC Oklahoma City · 2 employees | $566K | 0.7 mi |
| SOUTHWEST MECHANICAL CONTRACTORS Oklahoma City · 7 employees | $2.4M | 0.9 mi |
The full calculation
| Employees reported to the SBA | 15 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.6M |
| Estimate: the two combined (geometric mean) | $4.2M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $444K |
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 | $1.1M |
| Multiple for this size and industry | 2.4× |
| Value range | $561K – $1.5M |
| Revenue range | $2.8M – $4.8M |
| EBITDA range | $292K – $507K |
| 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
“State Wide Electric, Inc. is a trusted, woman-owned electrical contractor proudly serving commercial clients since 1981.”
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 |
|---|---|---|---|
| 4/9/2020 | first | $135K | 15 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About State Wide Electric Inc
State Wide Electric Inc is an electricians company in Oklahoma City, Oklahoma, in business since 1981. Its estimated annual revenue is about $4.2M, with roughly $444K of EBITDA. It has about 15 employees. Its estimated business value is $1.1M (likely range $561K–$1.5M).
Common questions
- Who owns State Wide Electric Inc?
- The owner of State Wide 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 State Wide Electric Inc make?
- SeeBITDA estimates State Wide Electric Inc's annual revenue at about $4.2M (likely between $2.8M and $4.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is State Wide Electric Inc worth?
- About $1.1M, roughly 2.4× its estimated EBITDA of $444K, typical for a electricians company its size. Likely range: $561K–$1.5M.
- How many employees does State Wide Electric Inc have?
- About 15, as reported on its PPP loan.
- When was State Wide Electric Inc founded?
- State Wide Electric Inc has been in business since 1981.