Utility Plus Inc.
How we got $3.9M
Based on its 26 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 43% 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 |
|---|---|---|
| UTILITY PLUS INC. this business | $11.0M | — |
| K B MACHINE AND WELDING INC. Kingfisher · 3 employees | $2.3M | 4.4 mi |
| FARRAR CONSTRUCTION, INC Dover · 116 employees | $34.1M | 9.4 mi |
| TRACY ARMS TRENCHING LLC Okarche · 10 employees | $2.9M | 9.5 mi |
| MACH ENERGY SERIVCES LLC Okarche · 140 employees | $57.9M | 10.5 mi |
| Arrow Water Well Service Piedmont | $5.8M | 17.3 mi |
| TRACY KEITH Hennessey · 1 employees | $542K | 18.2 mi |
The full calculation
| Employees reported to the SBA | 26 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $10.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $9.3M |
| Estimate: the two combined (geometric mean) | $11.0M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $1.2M |
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 | $3.9M |
| Multiple for this size and industry | 3.4× |
| Value range | $2.1M – $5.4M |
| Revenue range | $7.2M – $12.5M |
| EBITDA range | $759K – $1.3M |
| Industry (NAICS) | Power and Communication Line and Related Structures Construction (237130) |
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
Advisors
- BankingNBC OklahomaPPP / 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 Roles are as stated there and may be out of date.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
| NBC Oklahoma PPP 2020 | All 526 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 | $278K | 26 |
About Utility Plus Inc.
Utility Plus Inc. is a power and communication line and related structures construction company in Kingfisher, Oklahoma. Its estimated annual revenue is about $11.0M, with roughly $1.2M of EBITDA. It has about 26 employees. Its estimated business value is $3.9M (likely range $2.1M–$5.4M).
Common questions
- Who owns Utility Plus Inc.?
- The owner of Utility Plus 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 Utility Plus Inc. make?
- SeeBITDA estimates Utility Plus Inc.'s annual revenue at about $11.0M (likely between $7.2M and $12.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Utility Plus Inc. worth?
- About $3.9M, roughly 3.4× its estimated EBITDA of $1.2M, typical for a power and communication line and related structures construction company its size. Likely range: $2.1M–$5.4M.
- How many employees does Utility Plus Inc. have?
- About 26, as reported on its PPP loan.