Strickland Electric Inc.
How we got $2.3M
Based on its 20 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 |
|---|---|---|
| STRICKLAND ELECTRIC INC. this business | $8.1M | — |
| HOLLIEFIELD SERVICE COMPANY, LLC Muskogee · 11 employees | $2.7M | 0.7 mi |
| Charlie's Plumbing Heating & Air Conditioning Muskogee | $1.8M | 1.3 mi |
| MORSE ELECTRIC INC. Muskogee · 16 employees | $6.7M | 2.6 mi |
| GROBER ELECTRIC Muskogee · 1 employees | $169K | 4.2 mi |
| Roto-Rooter Plumbing Muskogee Muskogee | $1.8M | 4.2 mi |
| CKC CORPORATION Muskogee · 2 employees | $707K | 4.5 mi |
The full calculation
| Employees reported to the SBA | 20 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $5.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $8.7M |
| Estimate: the two combined (geometric mean) | $8.1M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $751K |
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 | $2.3M |
| Multiple for this size and industry | 3× |
| Value range | $1.2M – $3.1M |
| Revenue range | $5.3M – $9.2M |
| EBITDA range | $494K – $856K |
| 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
- BankingArvest 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 Roles are as stated there and may be out of date.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
| Arvest Bank PPP 2020, PPP 2021 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $321K | 19 |
| 2/17/2021 | second | $361K | 20 |
About Strickland Electric Inc.
Strickland Electric Inc. is an electricians company in Muskogee, Oklahoma. Its estimated annual revenue is about $8.1M, with roughly $751K of EBITDA. It has about 20 employees. Its estimated business value is $2.3M (likely range $1.2M–$3.1M).
Common questions
- Who owns Strickland Electric Inc.?
- The owner of Strickland 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 Strickland Electric Inc. make?
- SeeBITDA estimates Strickland Electric Inc.'s annual revenue at about $8.1M (likely between $5.3M and $9.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Strickland Electric Inc. worth?
- About $2.3M, roughly 3× its estimated EBITDA of $751K, typical for a electricians company its size. Likely range: $1.2M–$3.1M.
- How many employees does Strickland Electric Inc. have?
- About 20, as reported on its PPP loan.