Tandem Electric Company LLC
How we got $111K
Based on its 2 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 |
|---|---|---|
| TANDEM ELECTRIC COMPANY LLC this business | $368K | — |
| Harrison Energy Partners Oklahoma City | $3.7M | 0.2 mi |
| Comfort Advantage Heating and Cooling Oklahoma City | $1.8M | 0.4 mi |
| OK COMFORT GROUP INC Oklahoma City · 11 employees | $3.5M | 0.4 mi |
| DELTA ELECTRICAL CONTRACTORS, INC. Oklahoma City · 26 employees | $8.5M | 0.4 mi |
| AADVANCED AIR FILTRATION LLC Oklahoma City · 4 employees | $1.8M | 0.5 mi |
| SPAETH INC Oklahoma City · 12 employees | $4.2M | 0.6 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $494K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $211K |
| Estimate: the two combined (geometric mean) | $368K |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $55K |
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 | $111K |
| Multiple for this size and industry | 2× |
| Value range | $58K – $152K |
| Revenue range | $242K – $420K |
| EBITDA range | $36K – $63K |
| 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
- BankingFrontier State 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 Roles are as stated there and may be out of date.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
| Frontier State Bank PPP 2020 | All 156 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/29/2020 | first | $7K | 2 |
About Tandem Electric Company LLC
Tandem Electric Company LLC is an electricians company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $368K, with roughly $55K of EBITDA. It has about 2 employees. Its estimated business value is $111K (likely range $58K–$152K).
Common questions
- Who owns Tandem Electric Company LLC?
- The owner of Tandem Electric Company 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 Tandem Electric Company LLC make?
- SeeBITDA estimates Tandem Electric Company LLC's annual revenue at about $368K (likely between $242K and $420K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Tandem Electric Company LLC worth?
- About $111K, roughly 2× its estimated EBITDA of $55K, typical for a electricians company its size. Likely range: $58K–$152K.
- How many employees does Tandem Electric Company LLC have?
- About 2, as reported on its PPP loan.