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News Archives

Teaching banks a lesson

The Progress Fund’s new website got a nod from American Bankers Association (ABA). ABA is the trade association of the country’s largest banks. They suggested that commercial banks use digital technology to make it easier for customers to begin the borrowing process. Continue reading

Trail Town Program moving in right direction

Bicyclists and hikers using the Great Allegheny Passage in Allegheny, Westmoreland, Fayette and Somerset counties have more signs telling trail users where they are, the distance to the next town and pointing them to where they can find amenities — such as bike services, restaurants, campsites and other lodging. The Trail Town Program of the Progress Fund, which focuses on … Continue reading

Larry Walsh on biking: Progress Fund gets new grant

The Progress Fund, which has financed 29 businesses along the Great Allegheny Passage, has received a $2 million federal grant that will be used to make more loans in 2015. Its newest loans along the Great Allegheny Passage went to the Bright Morning B&B for its second expansion in West Newton and to the 9 Decatur Guest House & Hostel … Continue reading

Related Project: 9 Decatur Guest House and Hostel

$2,000,000 Grant to The Progress Fund

Washington, DC – August 28, 2014 – On Tuesday, the U.S. Department of Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced awards of more than $195.4 million to 185 organizations. The Progress Fund is excited to announce that it was one of the awardees who received the maximum amount of $2,000,000 offered under this year’s competitive grant process. “This … Continue reading

Open for Business

The Country Cupboard & Nature Run Wood Works Celebrates Ribbon Cutting in Laughlintown, PA The old general store in Laughlintown has been brought back to life as The Country Cupboard & Nature Run Wood Works. Business owners, Kathy & Chuck Moore, celebrated their Grand Opening with a special ribbon cutting last evening with a mass of family and friends along … Continue reading

Karen won!!!

Karen Post receives Seton Hill University Entrepreneurial Excellence Award Karen Post, Co-Founder and Chief Financial Officer of The Progress Fund, will receive the Seton Hill University Entrepreneurial Excellence Award at the Winners’ Circle Awards luncheon today. The Winners’ Circle Awards Program is one of Westmoreland County’s most prestigious business awards programs. The program recognizes women, men, businesses or organizations who … Continue reading