Electrical Service, Inc.
How we got $968K
Based on its 11 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
▼ 27% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 11 | $2.1M |
| 2020 | Form 5500 | 8 | $1.6M |
| 2021 | Form 5500 | 9 | $1.7M |
| 2022 | Form 5500 | 8 | $1.6M |
| 2023 | Form 5500 | 8 | $1.6M |
| 2024 | Form 5500 | 8 | $1.6M |
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 |
|---|---|---|
| ELECTRICAL SERVICE, INC. this business | $3.5M | — |
| MAYFIELD PLUMBING CONSTRUCTION,INC Pryor · 5 employees | $1.6M | 0.2 mi |
| S & J PLUMBING, INC. Pryor | $1.8M | 0.8 mi |
| MELTON'S AIR CONDITIONING & APPLIANCE SERVICE, INC. Pryor · 15 employees | $4.8M | 1.1 mi |
| AIR-HEAT SYSTEMS, LLC Pryor · 3 employees | $835K | 1.2 mi |
| COLLINS ELECTRIC COMPANY OF OKLAHOMA, INC Pryor · 29 employees | $11.0M | 1.2 mi |
| MASTERS HEATING & COOLING, INC. Pryor · 14 employees | $3.7M | 1.7 mi |
The full calculation
| Employees reported to the SBA | 11 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.4M |
| Estimate: the two combined (geometric mean) | $3.5M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $403K |
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 | $968K |
| Multiple for this size and industry | 2.4× |
| Value range | $509K – $1.3M |
| Revenue range | $2.3M – $4.0M |
| EBITDA range | $265K – $460K |
| 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
History & advisors
Advisors
- BankingBank of CommercePPP / 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
| Bank of Commerce PPP 2020 | All 308 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $126K | 11 |
About Electrical Service, Inc.
Electrical Service, Inc. is an electricians company in Pryor, Oklahoma. Its estimated annual revenue is about $3.5M, with roughly $403K of EBITDA. It has about 8 employees. Its estimated business value is $968K (likely range $509K–$1.3M).
Common questions
- Who owns Electrical Service, Inc.?
- The owner of Electrical Service, 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 Electrical Service, Inc. make?
- SeeBITDA estimates Electrical Service, Inc.'s annual revenue at about $3.5M (likely between $2.3M and $4.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Electrical Service, Inc. worth?
- About $968K, roughly 2.4× its estimated EBITDA of $403K, typical for a electricians company its size. Likely range: $509K–$1.3M.
- How many employees does Electrical Service, Inc. have?
- About 8, from its 2024 retirement-plan filing.