Summit Home Services, LLC
How we got $447K
Based on its 5 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 |
|---|---|---|
| SUMMIT HOME SERVICES, LLC this business | $1.9M | — |
| Airco Service Tulsa | $1.8M | 0.3 mi |
| YORK PLUMBING INC Tulsa · 24 employees | $10.6M | 0.3 mi |
| PLATINUM MECHANICAL, LLC Tulsa · 134 employees | $49.5M | 0.4 mi |
| HOUCHIN ELECTRIC COMPANY, INC. Tulsa · 35 employees | $12.2M | 0.4 mi |
| ALLIANCE ELECTRICAL CONTRACTORS, INC. Tulsa · 23 employees | $8.2M | 0.4 mi |
| HUMMINGBIRD ELECTRIC INC. Tulsa · 6 employees | $1.4M | 0.5 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.6M |
| Estimate: the two combined (geometric mean) | $1.9M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $223K |
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 | $447K |
| Multiple for this size and industry | 2× |
| Value range | $235K – $611K |
| Revenue range | $1.3M – $2.2M |
| EBITDA range | $147K – $255K |
| 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
- BankingThe First National Bank of Fort SmithPPP / 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 Roles are as stated there and may be out of date.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
| The First National Bank of Fort Smith PPP 2020 | All 252 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 | $93K | 5 |
About Summit Home Services, LLC
Summit Home Services, LLC is an electricians company in Tulsa, Oklahoma. Its estimated annual revenue is about $1.9M, with roughly $223K of EBITDA. It has about 5 employees. Its estimated business value is $447K (likely range $235K–$611K).
Common questions
- Who owns Summit Home Services, LLC?
- The owner of Summit Home Services, LLC 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 Summit Home Services, LLC make?
- SeeBITDA estimates Summit Home Services, LLC's annual revenue at about $1.9M (likely between $1.3M and $2.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Summit Home Services, LLC worth?
- About $447K, roughly 2× its estimated EBITDA of $223K, typical for a electricians company its size. Likely range: $235K–$611K.
- How many employees does Summit Home Services, LLC have?
- About 5, as reported on its PPP loan.