The headlines have been nothing short of funereal.
Golf is dead, they say. Or at least it’s in the decline. You can thank the Great Recession for that. Generational change. Or credit Tiger, whose spectacular rise was outdone only by his disastrous fall, mirroring the decline of golf’s popularity. Maybe, some say, the fault lies with the sport, which is too slow, too expensive, too elitist and too hard to learn. Continue reading
One of our recent borrowers, Gail Hall, owner of 9 Decatur Guest House and Hostel and The Inn on Decatur in Cumberland, Maryland, was featured in a Cumberland Times-News article about the growing impact of trail tourism in Maryland. Continue reading
The long awaited hotel in Connellsville broke ground in early February with the help of a $500,000 loan from The Progress Fund. The hotel owners are excited to serve trail users on the Great Allegheny Passage and others in the community of this key Trail Town. Continue reading
In the world of retail sales, there are a handful of stores that attract and build loyal customers from far and wide. These “Destination Retailers” stand out because of the helpfulness of the staff along with the goods and services offered. Two Rivers Treads of Shepherdstown, West Virginia is one of those businesses where people literally run to their front door. Continue reading
We are excited to share that our $250,000 loan to Immersion Research in Confluence, PA was 1 of only 10 loans featured in the Summary of States’ 2014 Annual Report for the U.S. Treasury’s State Small Business Credit Initiative (SSBCI). Continue reading
The Tribune-Review did a great follow-up article about our Placemaking Award. Continue reading
The Progress Fund and the community of West Newton were recognized today at Urban Land Institute’s 3rd Annual Placemaking Awards for Excellence. Continue reading
Today, The Progress Fund reached another milestone. We’ve now provided over $60,000,000 in small business loans. Today’s loan to Birdsfoot Golf Club in Armstrong County pushed us over this milestone. Continue reading
Washington, DC – September 10, 2015 – The U.S. Department of Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced awards of more than $202 million to 195 organizations. The Progress Fund is excited to announce that it received $1,653,000, the maximum amount it was eligible for under this year’s competitive grant process. Continue reading
Building relationships among Elizabeth Township officials and local business leaders is a work in progress.
That message resonated in the Elizabeth Township Community Center Tuesday evening during the municipality’s third-quarter business summit. Representatives from more than 20 different groups attended the event.
Trail Town Program® Manager, William Prince and Trail Town Program Project Coordinator, Courtney Mahronich were the first presenters. Continue reading