Trek Electric LLC
How we got $2.8M
Based on its 31 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.
Employees over time
▼ 13% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 31 | $6.0M |
| 2020 | Form 5500 | 25 | $4.8M |
| 2021 | Form 5500 | 24 | $4.7M |
| 2022 | Form 5500 | 23 | $4.5M |
| 2023 | Form 5500 | 23 | $4.5M |
| 2024 | Form 5500 | 27 | $5.2M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| TREK ELECTRIC LLC this business | $9.9M | — |
| MICK'S VAULT WORKS, LLC Edmond · 16 employees | $8.5M | 0.4 mi |
| ASAP Heating & Air OKC Edmond | $1.8M | 0.5 mi |
| DON SCHIMMELS ELECTRIC, INC. Edmond · 23 employees | $7.8M | 0.5 mi |
| PRUDHOM HEATING & AIR CONDITIONING, LLC Edmond · 12 employees | $4.2M | 0.5 mi |
| AIR CONDITIONING CONCEPTS OF OK, LLC Edmond · 23 employees | $7.3M | 0.5 mi |
| PLUMBING CONNECTION, LLC Edmond · 11 employees | $3.1M | 0.5 mi |
The full calculation
| Employees reported to the SBA | 31 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $8.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $8.4M |
| Estimate: the two combined (geometric mean) | $9.9M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $922K |
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 | $2.8M |
| Multiple for this size and industry | 3× |
| Value range | $1.5M – $3.8M |
| Revenue range | $6.5M – $11.3M |
| EBITDA range | $607K – $1.1M |
| 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
- BankingPrime 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
| Prime Bank PPP 2020 | All 79 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $312K | 31 |
About Trek Electric LLC
Trek Electric LLC is an electricians company in Edmond, Oklahoma. Its estimated annual revenue is about $9.9M, with roughly $922K of EBITDA. It has about 27 employees. Its estimated business value is $2.8M (likely range $1.5M–$3.8M).
Common questions
- Who owns Trek Electric LLC?
- The owner of Trek Electric 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 Trek Electric LLC make?
- SeeBITDA estimates Trek Electric LLC's annual revenue at about $9.9M (likely between $6.5M and $11.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Trek Electric LLC worth?
- About $2.8M, roughly 3× its estimated EBITDA of $922K, typical for a electricians company its size. Likely range: $1.5M–$3.8M.
- How many employees does Trek Electric LLC have?
- About 27, from its 2024 retirement-plan filing.