Over 27,000 jobs have been created and/or retained by borrowers who have closed SBA 504 loans with Amplio

Expanding Possibilities For Business

Amplio is a non-profit certified development company whose mission is to help small businesses obtain financing for job creation, to fund business expansion and to promote economic development throughout the state of Minnesota and nine counties in western Wisconsin.

What is an SBA 504 Loan?

A fixed-rate term loan from Amplio where the SBA provides as much as 40% of the loan principal for land, buildings, machinery & equipment, and related soft costs (such as appraisal and environmental reports and title insurance fees).

assessment

Current SBA
504 Rates

25-year term – 6.812%
20-year term – 6.867%
10-year term – 7.067%

Refinancing Rates

25-year term – 6.830%
20-year term – 6.886%

The Latest From Amplio

Amplio Celebrates At Its 2022 Annual Meeting

Amplio Celebrates At Its 2022 Annual Meeting

Amplio Economic Development Corporation celebrated its 2022 Annual Meeting on Thursday, May 12, 2022.

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Amplio Receives SBA Minnesota District Office Job Creation Award

Amplio Receives SBA Minnesota District Office Job Creation Award

Amplio is honored to be recognized by the SBA Minnesota District Office with its Certified Development Company Job Creation Award for the third consecutive year!

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SPEDCO Is Now Amplio

SPEDCO Is Now Amplio

Here at SPEDCO we've officially changed our name to Amplio Economic Development Corporation. Over the years, our capabilities have expanded, and it's time our name caught up with that growth.

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