Tri City Electric, Inc.
How we got $176K
Based on 2 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
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 |
|---|---|---|
| TRI CITY ELECTRIC, INC. this business | $584K | — |
| RON WILLIAMS PLUMBING SERVICE LLC Tuttle · 8 employees | $2.3M | 2.4 mi |
| HONOR, LLC Tuttle | $1.5M | 3.3 mi |
| ACCURATE MACHINE WORKS, INC. Blanchard · 10 employees | $3.7M | 3.8 mi |
| HERITAGE ELECTRIC INC Blanchard · 1 employees | $365K | 3.9 mi |
| Aftershock Electric Blanchard | $1.8M | 4.0 mi |
| Al's Heat & Air Tuttle | $1.8M | 4.0 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Industry revenue per employee | $194K |
| Revenue = employees × revenue per employee | $584K |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $88K |
| Cross-check: revenue implied by PPP payroll | $69K |
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 | $176K |
| Multiple for this size and industry | 2× |
| Value range | $83K – $250K |
| Revenue range | $346K – $691K |
| EBITDA range | $52K – $104K |
| 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
- BankingKabbage, Inc.PPP / 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 Roles are as stated there and may be out of date.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
| Kabbage, Inc. PPP 2020 | All 202 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 6/16/2020 | first | $2K | 2 |
About Tri City Electric, Inc.
Tri City Electric, Inc. is an electricians company in Tuttle, Oklahoma. Its estimated annual revenue is about $584K, with roughly $88K of EBITDA. It has about 2 employees. Its estimated business value is $176K (likely range $83K–$250K).
Common questions
- Who owns Tri City Electric, Inc.?
- The owner of Tri City 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 Tri City Electric, Inc. make?
- SeeBITDA estimates Tri City Electric, Inc.'s annual revenue at about $584K (likely between $346K and $691K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Tri City Electric, Inc. worth?
- About $176K, roughly 2× its estimated EBITDA of $88K, typical for a electricians company its size. Likely range: $83K–$250K.
- How many employees does Tri City Electric, Inc. have?
- About 2, as reported on its PPP loan.