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 – 5.725%
20-year term – 5.787%
10-year term – 5.620%
CURRENT SBA
504 REFINANCE RATES
25-year term – 5.728%
20-year term – 5.790%
10-year term – 5.616%
The Latest From Amplio
Shop Local With Amplio: The Hitching Company
Amplio has been a vital part of the The Hitching Company's diversification and growth. Amplio’s support through the SBA 504 loan process provided the stability The Hitching Company needed to expand their business.
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Shop Local: Amplio Team Visits Asian Mart
Asian Mart utilized Amplio SBA 504 financing to purchase their building and equipment.
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Shop Local: Amplio Team Visits Schoonover Bodyworks & Auto Care
Schoonover recently expanded and remodeled their company's 50-year-old Shoreview repair facility with SBA 504 financing support from Amplio.
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