SeeBITDAOklahoma

Tulsa Electric, LLC

Electricians
Company websitetulsaelectricllc.comFind on LinkedInSearch LinkedIn for this company
Estimated valueLow confidence
$2.2M
$1.1Mlikely range$2.9M
About 3× its yearly EBITDA, typical for a company this size in its industry.
Revenue
$6.8M
a year
EBITDA
$717K
11% of revenue
Employees
16
reported in 2020
Leadership
Derick Greene
Co-Owner · source · confirmed by 2 sources
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $2.2M

Based on its 16 employees and its payroll, both reported for PPP in 2020 and brought up to date.

16 employees × $250K each$4.0M
PPP payroll ÷ payroll's usual share of revenue$8.8M
Shown toward the top of its range×1.14
Revenue$6.8M
× 11% EBITDA margin$717K
× 3 sale multiple = value$2.2M

Own this business? Correct these figures

Estimated value over time

▲ 22% since 2020
$0$1.2M$2.5M2020202120222023202420252026

Today'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

▼ 75% since 2020
01020202020212022202320242025164
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan16$3.1M$328K
2021Form 55003$581K$62K
2022Form 55003$581K$62K
2023Form 55005$969K$103K
2024Form 55004$775K$82K
2025Form 55004$775K$82K

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.

What we know

PPP loan, 2020
401(k) filing, 2025
No reported financials
Company website
Owner named
2 locations found

What they do

Tulsa Electric is a commercial and industrial electrical services company in Tulsa, OK, delivering electrical installation, maintenance, generator and new construction work for commercial and industrial clients.

Products & services
Maintenance & ServiceInstallation ServicesGenerator ServicesNew ConstructionPreventive maintenanceGenerator installation and maintenanceElectrical planning servicesElectrical reliability planningLoad balancing evaluationsDistribution equipment inspectionsCircuit protection upgradesBackup power integration
Markets served
CommercialIndustrialOil & GasRenewablesNew ConstructionManufacturing FacilitiesEnergy & Power GenerationWarehouse & Distribution
Service area
Tulsa, OKOklahoma
Certifications
Licensed & InsuredCompliance with Industry Electrical Codes

From the company's website. Industry: Electricians.

Customers & suppliers

Possible customers nearby

The largest businesses within about 60 miles in the markets its website says it serves.

Oil & gas
Manufacturing

Compared with similar businesses nearby

BusinessEst. revenueEst. EBITDADistance
TULSA ELECTRIC, LLC
this business
$6.8M$717K—
Tulsa Air Specialists Inc
Tulsa
$2.0M$276K0.1 mi
FRANCIS SOLAR, LLC
Tulsa · 26 employees
$10.1M$943K0.1 mi
FRE MECHANICAL, LLC
Tulsa · 12 employees
$3.5M$504K0.1 mi
ALRAC ELECTRIC INCORPORATED
Tulsa · 9 employees
$3.1M$356K0.1 mi
AA ELECTRIC AND PLUMBING, INC.
Tulsa · 15 employees
$5.3M$921K0.2 mi
EMC ELECTRICAL MECHANICAL COMPANY
Tulsa · 23 employees
$8.5M$1.7M0.3 mi

Ranges & sources

Revenue range$4.5M – $7.7M
EBITDA range$472K – $818K
Industry (NAICS)Electrical Contractors and Other Wiring Installation Contractors (238210)
Value range$1.1M – $2.9M

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

History & advisors

Founded 2014
“A co-founder of Tulsa Electric LLC in 2014, he also co-owns Service and Equipment International, specializing in generator solutions.”

Advisors

  • BankingOklahoma Capital Bank, BOKF, National AssociationPPP / 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

BOKF, National Association
PPP 2021
All 2,399 borrowers →
Oklahoma Capital Bank
PPP 2020
All 45 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/11/2020first$328K$330K16Oklahoma Capital Bank
2/20/2021second$365K$368K10BOKF, National Association

2 locations

1738 E 7TH STTulsaThis listing
1011 E Oklahoma StTulsaView

Revenue, EBITDA and value are for the whole company.

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Tulsa Electric, LLC

Tulsa Electric, LLC is an electricians company in Tulsa, Oklahoma, in business since 2014. It is owned by Derick Greene (Co-Owner). Its estimated annual revenue is about $6.8M, with roughly $717K of EBITDA. It has about 4 employees. Its estimated business value is $2.2M (likely range $1.1M–$2.9M). It has 2 locations.

Common questions

Who owns Tulsa Electric, LLC?
Tulsa Electric, LLC is owned by Derick Greene (Co-Owner), according to public sources such as the company's website or filings.
How much revenue does Tulsa Electric, LLC make?
SeeBITDA estimates Tulsa Electric, LLC's annual revenue at about $6.8M (likely between $4.5M and $7.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Tulsa Electric, LLC worth?
About $2.2M, roughly 3× its estimated EBITDA of $717K, typical for a electricians company its size. Likely range: $1.1M–$2.9M.
How many employees does Tulsa Electric, LLC have?
About 4, from its 2025 retirement-plan filing.
When was Tulsa Electric, LLC founded?
Tulsa Electric, LLC has been in business since 2014.