Over 18,000 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 Rates

25-year term – 2.936%
20-year term – 2.849%
10-year term – 2.623%

The Latest From Amplio

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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2020 Annual Meeting

2020 Annual Meeting

We’re excited to bring you our 2020 Annual Meeting virtually this year.

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Stone Saloon, SBC dba Waldmann Brewery & Wurstery

Stone Saloon, SBC dba Waldmann Brewery & Wurstery

Located in the heart of Saint Paul’s West Seventh neighborhood, yet only 1½ miles from downtown, Waldmann attracts neighbors, High Bridge and West 7th commuters, downtown office workers, history buffs, preservationists, special event organizers and most of all beer lovers from around the region.

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