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.
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.
Uncommon Loon Brewing Company opened for business in 2019 after getting assistance from the Minnesota Small Business Development Center (SBDC) and using Amplio 504 funding, along with traditional lending from MidWestOne Bank, to purchase their property.
Asian Mart utilized Amplio SBA 504 financing to purchase their building and equipment.
Schoonover recently expanded and remodeled their company’s 50-year-old Shoreview repair facility with SBA 504 financing support from Amplio.
R.F Moeller Jeweler has utilized Amplio’s SBA 504 financing over the years for real estate purchases and building expansions.
Sift Gluten Free utilized Amplio’s SBA 504 program in concert with financing from Highland Bank to purchase their building.
As part of Minnesota’s Shop Local initiative, Amplio’s new CEO, Brian McDonald, and loan officer, Andy Clausen, recently joined lending partners Carrie Frost and Isaac Rakke from Bank Cherokee on a visit to Karol Coffee Co. in St. Paul, Minnesota.
After an in-depth search process, Amplio’s Board of Directors has named Brian McDonald as the company’s new CEO.
Amplio Economic Development Corporation
Phone: 651-631-4900
Fax: 651-631-9498
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