The Treasury Department announced an award of $1,500,000 in federal funds to The Progress Fund to provide loan capital to small businesses in rural areas of southwestern Pennsylvania. The Progress Fund was one of 155 […] Continue Reading
The Progress Fund Stories
Construction Funding for Simeral Square
July 6, 2011, Today, Congressman Mark Critz announced the final funding piece for construction on the Simeral Square project in downtown West Newton, PA. The Congressman presented a check representing a recent grant of $218,000 […] Continue Reading
Savage River Lodge Wins Maryland Office of Tourism 2011 Green/Sustainable Award
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
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
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