Frostburg, MD – The Progress Fund is proud to announce that one of our recent borrowers, Savage River Lodge, was just awarded with the Maryland Office of Tourism’s 2011 Green/Sustainable Tourism Award for their sustainable […] Continue Reading
Borrower Stories
Off the RAK’s business off the charts
Devastated by fire just seven months ago, and closed through early April, Off the RAK has reopened with a new interior and booming business. Read more.
Nonprofit boosts small ventures
Sandra Younkin wanted to buy a bed & breakfast inn in Confluence, a short jaunt from the bicycle trail along the Youghiogheny River in Somerset County and just outside the popular tourist destination of Ohiopyle […] Continue Reading
Signs of Recovery – The Inn at Lenora’s
Lenora’s felt the chill of the recession in 2009 and throughout most of 2010. “People who would always go out for their birthday still came,” says Lenora Palonder, who owns the restaurant and co- owns […] Continue Reading
Signs of Recovery – Hazelbaker’s Bottom Yough Outfitters
While the global economy scraped bottom, the Youghiogheny River economy was riding high, says Donny Hasch, owner of Hazelbaker’s Bottom Yough Outfitters Inc. “People don’t go anywhere” when the economy tanks, he says, “but they […] Continue Reading
Signs of Recovery – Wilderness Voyageurs
In 40-plus years of providing outdoor adventures, Wilderness Voyageurs never had a better year than 2010. Growth had steadied – though never reversed – during the economic drought of 2008 and 2009. Eric Martin, owner […] Continue Reading
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