Over 28,000 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).
CURRENT SBA
504 RATES
25-year term – 5.946%
20-year term – 5.989%
10-year term – 5.620%
CURRENT SBA
504 REFINANCE RATES
25-year term – 5.949%
20-year term – 5.992%
10-year term – 5.616%
The Latest From Amplio
Shop Local: Amplio Team Visits Carlson Duluth Company
Amplio’s Brian McDonald and Scott Hoeschen recently joined Jason Crawford, Vice President - Commercial Banker at Bell Bank, on a visit to Carlson Duluth Company in Duluth, MN. This business utilized financing from Bell Bank and Amplio to purchase their building and to construct their offices.
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Small Business Week Spotlight: Rock Leaf Water Environmental LLC
Amplio had the pleasure of visiting Rock Leaf Water Environmental in Blaine, MN – an outstanding, family-owned business making a real impact in the region. Amplio's Brian McDonald and Andy Clausen joined lending partner EntreBank, represented by Melissa Johnston and Josh Laffen, for a site visit hosted by Shelly Binsfeld, President of Rock Leaf Water Environmental, along with Marketing Manager Sarah Schiebout.
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Shop Local With Amplio: Dead On Arms
Amplio has played a huge part of the success of the company, providing SBA 504 financing that allowed Dead On Arms to purchase their building. At the core of this facility is their state-of-the-art indoor range, which features multiple lanes and automatic target carriers.
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