Tom King Electric Inc
How we got $2.0M
Based on its 20 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 15 years (since 2011)
From public records and the company's website, not a statement that it's for sale.
What they do
Tom King Electric is an Oklahoma City electrical contractor offering lighting automation and control, shades, EV home charger installation, general service calls, remodel services, and generators.
From the company's website. Industry: Electricians.
Customers & suppliers
Suppliers & brands
- Lutron · brand it sells or installs
- GE · brand it sells or installs
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 |
|---|---|---|
| TOM KING ELECTRIC INC this business | $6.2M | — |
| Okie Rooter Oklahoma City | $1.8M | 0.5 mi |
| EXECUTIVE HEATING AND AIR, LLC Oklahoma City · 9 employees | $2.6M | 0.6 mi |
| Ondemand Restaurant Service Llc Oklahoma City | $1.8M | 0.6 mi |
| Air Dynamix Oklahoma City | $1.8M | 0.7 mi |
| SUMMIT MECHANICAL LLC Oklahoma City · 4 employees | $1.6M | 0.8 mi |
| Spark Electrical Solutions, Llc Oklahoma City | $1.8M | 0.8 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) | $5.2M |
| Estimate: the two combined (geometric mean) | $6.2M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $660K |
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 | $2.0M |
| Multiple for this size and industry | 3× |
| Value range | $1.0M – $2.7M |
| Revenue range | $4.1M – $7.1M |
| EBITDA range | $434K – $753K |
| 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
“Tom King Electric is a family-owned electrical contracting company founded by Tom King over 3 decades ago, focused on bringing quality electrical services to our customers.”
Advisors
- BankingFirst-Citizens Bank & Trust CompanyPPP / 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
| First-Citizens Bank & Trust Company PPP 2020 | All 78 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $192K | 20 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Tom King Electric Inc
Tom King Electric Inc is a family-owned electricians company in Oklahoma City, Oklahoma, in business since 2011. Its estimated annual revenue is about $6.2M, with roughly $660K of EBITDA. It has about 20 employees. Its estimated business value is $2.0M (likely range $1.0M–$2.7M).
Common questions
- Who owns Tom King Electric Inc?
- The owner of Tom King 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 Tom King Electric Inc make?
- SeeBITDA estimates Tom King Electric Inc's annual revenue at about $6.2M (likely between $4.1M and $7.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Tom King Electric Inc worth?
- About $2.0M, roughly 3× its estimated EBITDA of $660K, typical for a electricians company its size. Likely range: $1.0M–$2.7M.
- How many employees does Tom King Electric Inc have?
- About 20, as reported on its PPP loan.
- When was Tom King Electric Inc founded?
- Tom King Electric Inc has been in business since 2011.