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Home Borrowers Attractions & Entertainment Punxsutawney Groundhog Club – Paving

Punxsutawney Groundhog Club - Paving

Location:

1548 Woodland Avenue Ext.
Punxsutawney, PA

County:

Jefferson

Description:

Business expansion loan

Total Project Cost:

$150,000

Visit Online:

groundhog.org

We had to go through every step like every other borrower does.  It’s smooth, it’s easy, the contact is phenomenal.

Jay Lundy, Inner Circle member, Punxsutawney Groundhog Club

People

The seer of seers and the only true weather prognosticating groundhog draws a stream of wedding parties, baby showers, veterans groups, tour buses, traveling families and solo fans.  That means a lot of traffic to Punxsutawney Phil’s Groundhog Zoo, Hogspitality Pavilion and Gobbler’s Knob Visitor’s Center and Gift Shop.  But especially in winter weather, the unpaved roads and parking lot became “an eyesore that needed to be fixed,” said Jay Lundy, a member of Phil’s Inner Circle.

Progress

The club previously borrowed from The Progress Fund to develop Phil’s zoo.  When it came time to finance paving, “with the prior experience we had at The Progress Fund, it was an easy call to make,” says Jay.  The Progress Fund loaned $55,000.

Impact

Punxsutawney, Jefferson County and the entire region benefit from Phil’s fans and their dollars.  “Groundhog Day has turned into a real tourism-generating event throughout the year,” says Jay.  Now the experience is more inviting and accessible to everyone.  Maintenance is simpler, too, and the next time it snows on Feb. 2, it’ll be a lot easier to plow the roads and lot.  Jay adds: “It makes for better photos, which matters!”

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Attractions & Entertainment

Previous borrower Stargaze Hospitality, LLC
Next Borrower Cenci’s Cranberry, Inc.

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