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News Archives

The Progress Fund opens a Ridgway office

Are you looking to start or grow your business?  We are a creative lender that can finance the opportunities you see.  To work with you, our Program Manager, Kristi Wendel, has opened an office in downtown Ridgway. Kristi is a PA Wilds resident and committee to help grow the small businesses in the PA Wilds.  You can read more about … Continue reading

See behind the construction fence

Since 2018, we have been working to reopen the Historic Hazelwood Brewery as a beer drinkers destination.  Yeah, its taken longer than expected.  Real estate projects creep more than they run.  COVID didn’t help and this is no small project.  It involved a lot of property acquisition, community outreach, planning and more planning, lots of permits, and the complete rehabilitation … Continue reading

Our first office in PA Wilds

We’ve been lending in the PA Wilds of north–central Pennsylvania since before it was trademarked “The PA Wilds“. To increase our outreach and impacts in the PA Wilds, our new Program Manager, Kristi Wendel, has opened a new office in downtown Ridgway, PA. Kristi is a PA Wilds resident and committed to helping grow the tourism industry and other sustainable … Continue reading

2021 Preservationist of the Year

We are honored to announce that our President & CEO, David A. Kahley, was named the “2021 Preservationist of the Year” by the Young Preservationist Association of Pittsburgh.  The announcement was part of the annual award program of the Young Preservationist Association (YPA) that was virtually released on December 21, 2021.  The announcement of the Preservationist of the Year begins … Continue reading

A congratulatory note from the President & CEO

The Great Allegheny Passage Conservancy (formally the Allegheny Trail Alliance) and Fourth Economy (an economic development consulting firm) deserve a standing ovation for their just released Economic Impact Report on the Great Allegheny Passage. If you are interested in outdoor recreation, environmentally sustainable development and Trail Towns, I suggest you dig into their Impact Report.  I have seen thousands of … Continue reading

April Relief Payment

The Progress Fund was mentioned in the Tribune-Review article “Allegheny, Westmoreland groups offer help to region’s small businesses during tough time” published on Wednesday, March 18, 2020.  Read the full story.

“To Infinity and Beyond!”

Riley’s Pour House takes us to the top We are numbers people, numbers enable us to measure results. So, $75,000,000 is a big important number to us. With our recent loan to Riley’s Pour House in Carnegie PA, The Progress Fund has made over $75,000,000 loans to small businesses across Pennsylvania, West Virginia, Maryland and Ohio. The results from those … Continue reading

Related Project: Riley's Pour House