Amplio Economic Development Corporation celebrated its 2023 Annual Meeting on Thursday, November 9, 2023. At the meeting, Amplio celebrated a number of milestones for the 18 months stretching from January 2022 to June 2023, including:
- 81 loans funded
- $50 million in SBA lending
- $128 million in total project costs
- 1,174 jobs created or retained
- Serving 57 cities and towns in Minnesota and Wisconsin
- Earning the Minnesota SBA Job Creation Award for the 5th year in a row!
Amplio also celebrated Merchants Bank as its 2022-2023 Financial Institution of the Year. The Lender of the Year award for 2022-2023 was presented to Tracy Bergland of Citizens Independent Bank. Tracy had an amazing five loans funded through Amplio in the previous 18 months.
Thank you to Brian McDonald, Minnesota District Director, SBA, and King Banaian, Professor of Economics, St. Cloud State University, for presenting at the event.
And thank you to all who joined us for the event!
