• 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 Retail Homemade Memories…Bakery

Homemade Memories...Bakery

Location:

110 East Allegheny Street
Martinsburg, PA

County:

Blair

Description:

Business Expansion

Total Project Cost:

$181,000

After I got with The Progress Fund, everything just kept on rolling.

Karen Wyland, owner – Homemade Memories

People

What nobler calling is there than helping others to start the day right? Throughout Karen Wyland’s 11-year career as a baker, making breakfast has been her passion. “I love giving people good food and things that they haven’t tried before, like old-fashioned recipes,” she says. She decided to expand to Martinsburg, near much-visited Lake Raystown, and add new items, like picnic lunches. She found a great location for rent – and that was nearly her downfall.

Progress

Despite Karen’s track record, banks didn’t want to lend to a renter, because they’d have no lien on the building. So the St. Francis College Small Business Development Center told her that alternative financing could be an option. “After I got with The Progress Fund, everything just kept on rolling,” Karen says.

Impact

The Fund loaned $68,000 and arranged a $72,000 loan from the state’s First Industries Tourism Program. Karen is creating 10 new jobs, and buying more locally produced apples, fruits, vegetables and milk. She’s offering lake-bound tourists and locals alike her wholesome pies, cookies and cakes, plus quality coffees and teas. “It’s just going to pull people together,” she says.

View Story as PDF
More Retail Stories

Retail

Previous borrower HeBrews Coffee Co.
Next Borrower Golden Eagle Inn

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