Velocity Electric, LLC
How we got $1.1M
Based on its 11 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 16% since 2021Today'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 |
|---|---|---|
| VELOCITY ELECTRIC, LLC this business | $3.8M | — |
| Glover's Plumbing & Sewer Service Mustang | $1.8M | 0.5 mi |
| FULLDRAW MECHANICAL LLC Mustang · 3 employees | $844K | 0.5 mi |
| Shriver Electrical Mustang | $1.8M | 0.6 mi |
| FS PLUMBING & BACKFLOW INC Mustang · 1 employees | $375K | 0.7 mi |
| DIRECT ELECTRIC COMPANY, LLC Mustang · 4 employees | $880K | 0.7 mi |
| KING ENTERPRISES LLC Mustang · 2 employees | $685K | 1.2 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) | $4.0M |
| Estimate: the two combined (geometric mean) | $3.8M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $440K |
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 | $1.1M |
| Multiple for this size and industry | 2.4× |
| Value range | $556K – $1.4M |
| Revenue range | $2.5M – $4.3M |
| EBITDA range | $290K – $502K |
| 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
- BankingItria Ventures LLCPPP / 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 Roles are as stated there and may be out of date.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
| Itria Ventures LLC PPP 2021 | All 196 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/29/2021 | first | $150K | 11 |
About Velocity Electric, LLC
Velocity Electric, LLC is an electricians company in Mustang, Oklahoma. Its estimated annual revenue is about $3.8M, with roughly $440K of EBITDA. It has about 11 employees. Its estimated business value is $1.1M (likely range $556K–$1.4M).
Common questions
- Who owns Velocity Electric, LLC?
- The owner of Velocity 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 Velocity Electric, LLC make?
- SeeBITDA estimates Velocity Electric, LLC's annual revenue at about $3.8M (likely between $2.5M and $4.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Velocity Electric, LLC worth?
- About $1.1M, roughly 2.4× its estimated EBITDA of $440K, typical for a electricians company its size. Likely range: $556K–$1.4M.
- How many employees does Velocity Electric, LLC have?
- About 11, as reported on its PPP loan.