One of our recent borrowers, Gail Hall, owner of 9 Decatur Guest House and Hostel and The Inn on Decatur in Cumberland, Maryland, was featured in a Cumberland Times-News article about the growing impact of trail tourism in Maryland.
Borrower Stories
Construction of Cobblestone Hotel and Suites Underway
The long awaited hotel in Connellsville broke ground in early February with the help of a $500,000 loan from The Progress Fund. The hotel owners are excited to serve trail users on the Great Allegheny Passage and others in the community of this key Trail Town.
Running to Wellness
In the world of retail sales, there are a handful of stores that attract and build loyal customers from far and wide. These “Destination Retailers” stand out because of the helpfulness of the staff along with the goods and services offered. Two Rivers Treads of Shepherdstown, West Virginia is one of those businesses where people literally run to their front door.
Head above the crowd
We are excited to share that our $250,000 loan to Immersion Research in Confluence, PA was 1 of only 10 loans featured in the Summary of States’ 2014 Annual Report for the U.S. Treasury’s State Small Business Credit Initiative (SSBCI).
Owners of Terra Nova House B&B to Receive Tourism Award
Ryan and Molly Mercer will be honored by VisitMercerCountyPA, the tourism promotion agency, at its annual dinner June 25 at Grove City Country Club. The Mercers are recipients of the James E. Winner Jr. Tourism Initiative Award.
New business promotes flatwater boating
The calm waters of the Youghiogheny River at West Newton will be the site of a flatwater race paddling clinic on Saturday and Sunday. The clinic is expected to draw about 20 kayakers from the region, Ohio and West Virginia, said Hansel Lucas of Buddtown, sponsor of the clinic and co-owner of Performance Kayak Inc., a home-based shop selling kayaks, surf skis and gear he operates with his wife, Kim.
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