Small Business Loans

The Trail Town Program’s parent nonprofit, The Progress Fund, is a Community Development Financial Institution. We fund small businesses to help creates jobs and improve communities.

Most conventional lenders don’t give to small, rural businesses.  But The Progress Fund specializes in tourism and hospitality loans anywhere they will benefit the local community.

In our Trail Towns, we’ve funded:

  • Bike shops
  • B&Bs
  • Restaurants
  • Outfitters
  • Hostels
  • Campgrounds

In total, The Progress Fund has made $10 million in loans to 32 new or expanding businesses in the Trail Towns along the Great Allegheny Passage. And because we’re a reputable organization, our support has also helped leverage an additional $6 million in private investments.

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Hear the stories of Trail Town business owners who have borrowed from The Progress Fund. Because we are here to help communities grow— and because we know firsthand that Trail Towns can grow— we can take more risks and be more flexible than a traditional bank.

If you’re in a PA, WV or MD Trail Town and want to grow a business, we may be able to help. Learn more about our loan options.

Ask about funding your business

 

Tracy Ulewicz, our Commercial Loan Officer, will be happy to talk with you about your business plans. Reach out to her directly at (724) 216-9160 Ext. 320.

 

 

 

Need funding?

If your trail town is in PA, WV or MD, our nonprofit organization may be able to help you finance small businesses and growth projects.

Learn about options