Amplify CU
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Amplify CU · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722513 | Limited-Service Restaurants | 4 | $1.1M | $263K | 5.1% |
| 312120 | Breweries | 4 | $5.0M | $1.2M | 5.1% |
| 339930 | Doll, Toy, and Game Manufacturing | 3 | $5.2M | $1.7M | 3.8% |
| 811111 | General Automotive Repair | 3 | $5.6M | $1.9M | 3.8% |
| 722511 | Full-Service Restaurants | 3 | $684K | $228K | 3.8% |
| 621340 | Offices of Physical, Occupational and Speech Therapists, and Audiologists | 3 | $1.5M | $491K | 3.8% |
| 722515 | Snack and Nonalcoholic Beverage Bars | 3 | $1.9M | $620K | 3.8% |
| 484210 | Used Household and Office Goods Moving | 2 | $1.2M | $601K | 2.6% |
| 541410 | Interior Design Services | 2 | $313K | $157K | 2.6% |
| 812112 | Beauty Salons | 2 | $500K | $250K | 2.6% |
Geographic Distribution
SBA lending activity for Amplify CU by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Texas (TX) | 76 | $37.6M | 97.4% |
| Pennsylvania (PA) | 2 | $3.4M | 2.6% |
Why Choose Amplify CU?
Based on SBA 7(a) lending track record from 1997-2020
- ✓Proven Track Record: 78 SBA loans approved, totaling $41.0M in financing
- ✓Industry Expertise: Specialized focus on Limited-Service Restaurants, Breweries, Doll, Toy, and Game Manufacturing
- ✓Competitive Terms: Average interest rate of 6.31% with flexible term lengths averaging 116 months
- ✓Loan Range: Loan sizes from $30K to $3.4M, with an average of $526K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in TX, PA
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about Amplify CU SBA lending
What types of businesses does Amplify CU typically finance?
Amplify CU specializes in SBA 7(a) lending to specific industries including limited-service restaurants, breweries, doll, toy, and game manufacturing, general automotive repair. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Amplify CU's typical SBA loan terms?
Amplify CU's SBA 7(a) loans typically feature an average interest rate of 6.31% and average term length of 116 months (approximately 10 years). Loan sizes range from $30K to $3.4M, with an average loan size of $526K.
Do I need a business valuation for a Amplify CU SBA loan?
Yes, Amplify CU typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does Amplify CU compare to other SBA lenders?
Amplify CU has originated 78 SBA loans totaling $41.0M since 1997. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does Amplify CU lend in?
Amplify CU provides SBA 7(a) financing with particularly strong presence in TX, PA. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
Our industry research reports provide comprehensive intelligence for 1,000+ industries including financial benchmarks, growth trends, financing patterns, and which lenders are most active in your sector.
Explore Industry Reports →Need a Business Valuation?
Certified valuations are often required for SBA loans over $250,000.
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