• Skip to primary navigation
  • Skip to main content
  • Skip to footer
The Progress Fund

The Progress Fund

The Progress Fund

  • (724) 216-9160
  • Ask about a loan today
MENU
Hide Search
  • Home
  • Loans
    • Small Business LoansThe Progress Fund provides financing from $20,000 to over $1,000,000 to people who are starting, expanding or buying small businesses.
    • Get Loan ReadyLet us help connect you to the right resources to grow your business.
    • Ask About a LoanExplore your loan options.
    • Resources for EntrepreneursOur small business experts can help you plan your business start-up or a new type of venture.
    • FAQFind answers for commonly asked questions about us, how to apply for a loan, our loans, and technical assistance.
    • Application FormsContact us first before submitting the forms.
  • Borrowers
    • Browse Borrowers
    • Explore Borrower Map
  • Stories
  • About
    • About UsThe Progress Fund provides financing and business coaching to help people like you to grow businesses and create jobs for the region.
    • StaffThe Progress Fund staff combine lending experience with dedication to help small business owners.
    • ImpactsThe Progress Fund makes a difference.
    • Praise by OthersWe have provided financing to help people grow their businesses. Learn what people are saying about us.
    • Board of DirectorsOur Board of Directors combines experience and dedicated community service.
    • History and AwardsThe success of our work has brought notoriety and awards for community development impact.
    • Our SupportersWe rely on financial support of state and federal agencies, private foundations, and commercial banks.
    • Community DevelopmentWe have been creating opportunities along the Nation’s Trails since 2007 as well as redeveloping key properties in key communities.
    • The West Newton StoryCommunity development loans and real estate developments projects have supported the start-up and expansion of small businesses that are changing the future of the community.
    • EmploymentView our current job openings.
  • Contact
  • 724-216-9160
  • Display Search
Home Borrowers Accommodations Golden Eagle Inn

Golden Eagle Inn

Location:

131 East Pitt Street
Bedford, PA

County:

Bedford

Description:

Historic Building Rehab

Total Project Cost:

$40,000

Visit Online:

bedfordpainn.com
  • Follow us on Facebook

People

More than 200 years ago, Dr. John Anderson built a mansion in Bedford, and opened the Golden Eagle Tavern on the first floor. Back then; the tavern saw some real characters, from stagecoach passengers to General George Washington’s troops. But by the time Oralee Kieffer bought it in 1990, Anderson’s mansion had long stood empty, and was marred by wear and tear, coal dust, and a lack of modern plumbing and wiring. Banks loaned Oralee enough to start transforming the mansion into a bed and breakfast – but not enough to finish the job. “Everything had to be preserved,” says Oralee. “It costs more to do than you initially anticipate.”

Progress

The Progress Fund helped Oralee navigate the historic preservation process. And when the bank funds ran out, the Fund loaned Oralee $40,000 – enough to get the job done.

Impact

What was a faded historical jewel is now a gem of a bed and breakfast, employing 10. And though stagecoach passengers are rare, the Golden Eagle hosts a steady stream of golfers, bikers, skiers, hikers, and antique shoppers – characters in their own right!

View Story as PDF
More Accommodations Stories

Accommodations

Previous borrower Homemade Memories…Bakery
Next Borrower Fox’s Pizza Den

Signup for our eNewsletter

See the latest news on our borrowers, stay up to date on events and more.

Privacy Policy

Footer

  • Home
  • Small Business Loans
    • Ask about a loan
    • Application Forms
    • Resources for Entrepreneurs
  • FAQ
  • Our Borrowers
    • Browse Borrowers
  • The Progress Fund Stories
  • About Us
    • Staff
    • Impacts
    • Praise by Others
    • Board of Directors
    • History and Awards
    • Our Supporters
    • Community Development
    • The West Newton Story
    • Employment
  • Contact Us
The Progress Fund

Main Office

724-216-9160
425 W Pittsburgh St
Greensburg, PA 15601-2211

Connect With Us!

  • Follow us on Facebook
Copyright © 2023 The Progress Fund. All Rights Reserved.
This institution is an equal opportunity provider and employer. | Sitemap | Privacy Policy | Website by DDS
Scroll Top of Page