Amplio Economic Development Corporation (Amplio) is honored to be recognized by the U. S. Small Business Administration’s (SBA) Minnesota District Office with its Certified Development Company Job Creation Award for the fifth consecutive year!
Amplio is proud to have won the Job Creation award five years in a row!
Every year, the SBA Minnesota District Office presents awards to SBA lenders throughout the state, recognizing their commitment to helping small businesses in Minnesota succeed. The awards were presented on Thursday, September 14, 2023 at the Minnesota Small Business Lenders Conference in Brooklyn Park.
Amplio is a Certified Development Company and provides SBA 504 loans to help small businesses grow by purchasing or expanding real estate and equipment. The SBA 504 loan program is an economic development program with a goal to help small businesses grow and create jobs. From January 2022 to June 2023, Amplio helped 81 businesses get access to $50 million in financing. Over its 42-year history, Amplio has helped to create or preserve more than 28,000 jobs.
About Amplio Economic Development Corporation
Amplio Economic Development Corporation is a nonprofit economic development organization serving small businesses in Minnesota and western Wisconsin. Amplio is a Certified Development Company, certified by the U. S. Small Business Administration to provide SBA 504 loans. The SBA 504 loan program is the SBA’s premier lending program for owner-occupied commercial real estate and equipment financing. Amplio also provides referrals to other economic development loan programs and assists others in administering financial assistance, such as CARES Act funding. Amplio was founded in 1981 and has provided more than 1,200 loans worth over $606 million. Learn more at www.amplioedc.com.
About the U.S. Small Business Administration
The U.S. Small Business Administration makes the American dream of business ownership a reality. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.
