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The Progress Fund

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Home Borrowers Other Small Businesses Laurel Business Institute

Laurel Business Institute

Location:

11 East Penn Street
Uniontown, PA

County:

Fayette

Description:

Business School

Total Project Cost:

$210,000

Visit Online:

laurel.edu

People

In 1995, Chris and Nancy Decker needed a location for their new business school in Uniontown. The former West Penn Trolley Station offered grandeur in a great location, but required extensive rehabilitation. The Deckers secured a federal historic preservation grant and two loans from The Progress Fund. The building was soon restored to its former glory, and the Laurel Business Institute proved such a success that, by 2002, it faced a parking crunch.

Progress

This time around, The Progress Fund loaned $210,000 so that the Deckers could purchase a derelict building adjacent to the school, and build a sorely needed 175 additional parking spaces.

Impact

The new parking area will accommodate students and community members seeking to further their education. It also serves a newly opened Internet café, which brings a hip, high-tech amenity to Fayette County.

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Other Small Businesses

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