Amplify CU
SBA 7(a) Lending Profile · FY 2020 analysis
Industry Focus
Top industries served by Amplify CU
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 811111 | General Automotive Repair | 8 | $27.0M | $3.4M | 20.0% |
| 488410 | Motor Vehicle Towing | 8 | $7.3M | $913K | 20.0% |
| 541613 | Marketing Consulting Services | 8 | $1.2M | $150K | 20.0% |
| 811219 | Other Electronic and Precision Equipment Repair and Maintenance | 8 | $1.8M | $223K | 20.0% |
| 325620 | Toilet Preparation Manufacturing | 8 | $1.9M | $235K | 20.0% |
Geographic Distribution
SBA lending activity for Amplify CU by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Texas (TX) | 40 | $39.2M | 100.0% |
Why Choose Amplify CU?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 40 SBA loans approved, totaling $39.2M in financing
- ✓Industry Expertise: Specialized focus on General Automotive Repair, Motor Vehicle Towing, Marketing Consulting Services
- ✓Competitive Terms: Average interest rate of 6.60% with flexible term lengths averaging 131 months
- ✓Loan Range: Loan sizes from $150K to $3.4M, with an average of $979K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in TX
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 general automotive repair, motor vehicle towing, marketing consulting services, other electronic and precision equipment repair and maintenance. 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 6.60% and average term length of 131 months (approximately 11 years). Loan sizes range from $150K to $3.4M, with an average loan size of $979K.
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 40 SBA loans totaling $39.2M since 2020. 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. 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?
Professional valuations are often required for SBA loans over $250,000.
Get your certified valuation from Fair Market Value.