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The Progress Fund Stories

Did you hear the latest scoop?

We partnered with the North Central PA Regional Planning & Development Commission and the St. Marys EDC to provide a financing package to Father Ross Miceli and his team at Brandy Camp Crew Legendary Pennsylvania Creamery & Coffee to open the Pronto! Café in downtown St. Marys, where they sell their locally sourced LegenDAIRY homemade ice cream, coffee, juice, paninis, … Continue reading

90 Million is a lot of anything to imagine

This week, The Progress Fund counted up 90,000,000 in dollars.  That cosmic-sized number equals the total dollar amount of loans we made since we started lending in 1997.  Back then, we started the organization with a lot of imagination and just a few dollars.  Frankly, 90,000,000 was beyond our imagination, but we are proud to have reached. If 90,000,000 is … Continue reading

Things are heating up at Firewhistle Brewing

It’s Thirsty Thursday, and things are heating up at Firewhistle Brewing! When owner, Jason Berman, went in search of financing for startup costs to open his brewery and taproom, he came to the right place.  Firewhistle is 1 of 11 breweries funded by The Progress Fund. Firewhistle Brewing is a lively taproom serving both inhouse and made in PA beers, … Continue reading

Silver Shores are “golden”

What’s the old saying?  “The show must go on!”  Well, now it can at Silver Shores Restaurant. When the Schepner family bought the restaurant in 2017, their goals to host live music and events on the lakeside patio became a challenge, because every time the forecast called for bad weather, events would have to be cancelled. With our financing help, … Continue reading

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

Funding Trail Town Businesses

We often get asked “What was the single most important thing you did that made your Trail Town Program® successful?” The answer is always the same, that we have money and the willingness to make loans to new and expanding trail-related businesses.  And, we are as flexible as possible when we make those critical loans.  We adjust to less than … 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