• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • 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 The Progress Fund Stories Borrower Stories COVID-19 Payment Relief

COVID-19 Payment Relief

March 17, 2020

To help The Progress Fund’s borrowers during the business crisis tied to COVID-19 concerns, The Progress Fund has halted automatic withdraws from borrower’s accounts and will not send out invoices for the month of April 2020.

Every small business owner we know is concerned about the ramifications of the business shut-downs that have been suggested or ordered.  To immediately help our borrowers, we decided to halt our monthly withdraws and invoicing for April so they can muster their cash for other immediate expenses.  We are not charging any fees whatsoever with this relief.

Our borrowers are an important part of the communities we serve.  We are pleased our nonprofit organization can support them in this manner at this time.  We consider ourselves their long-term partners.

We will continue to evaluate this situation and consider other possible actions to help our borrowers.  One possibility under consideration is to roll-out an Emergency Fund to help more businesses with cash-flow issues.  Emergency Fund details will be forthcoming if launched.

Inquiries about our loans should be addressed to:  kpost@progressfund.org

Thank you and best regards during this time,

David A. Kahley, President & CEO

Karen Post, Treasurer & CFO

Borrower Stories Current Stories

Previous Story Location, Location, Location
Next Story April Relief Payment

Share:

Primary Sidebar

Do you have a dream we can help you achieve?

Apply for a loan today

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
  • Follow us on Linkedin
  • Follow us on Instagram

Footer

Copyright © 2025 The Progress Fund. All Rights Reserved.
Equal opportunity provider and employer.
|
  • Sitemap
  • Privacy Policy
  • Non-Discrimination Statement
|
Website by FWE
Scroll Top of Page