Today, the SBA put out a News Release, #25–51 that mentions The Progress Fund. Disappointingly, their statements about us were false, and rather than praise us for the small business lending we do throughout rural Pennsylvania and West Virginia, they named us as a target for the Administration’s distain of lenders supporting environmental projects undertaken by small business owners.
First Commonwealth Bank makes Pennsylvania’s first investment into a Community Development Financial Institution
First Commonwealth Bank makes a $500,000 Equity Equivalent Investment in The Progress Fund – a new strategy for Pennsylvania, and a boon for new or expanding tourism businesses. Read the full press release.
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