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
The Progress Fund 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.
First of five approved for participation in Community Advantage Program
April 20, 2011 – Yesterday, the U.S. Small Business Administration notified The Progress Fund that it had been selected to participate in a new lending program aimed at increasing SBA-backed loans to small businesses in […] Continue Reading
The Progress Fund lends a helping hand on Main Street
Whitewater rafts and canoes aren’t the type of collateral that traditional lending institutions look for when small businesses seek financing. Finance professionals would rather see real estate or equipment on the loan application. But David […] Continue Reading
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
RMAP Funding
Today we had the pleasure of a visit from USDA Deputy Under Secretary Cheryl Cook. Cheryl announced that we were one of only eight organizations in the nation to receive funding under the USDA’s Rural […] Continue Reading
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