The Office of U.S. Rep. Harold "Hal" Rogers (KY-05) issued the following press release September 3, 2020: SOMERSET, KY -- U.S. Rep. Harold "Hal" Rogers (KY-05) applauds the Economic Development Administration (EDA) for awarding a $1.1 million Read More
Lending

SKED, Others Awarded USDA Grants in Somerset
October 30, 2020
SOMERSET, Ky. — Three Somerset entities were awarded more than one million dollars in federal funding from the U.S. Department of Agriculture – Rural Development (USDA-RD) on Friday, October 16th. Congressman Hal Rogers joined USDA-RD State Director Hilda Legg at The Center for Rural Development to announce the competitive awards for Sunrise Children’s Services, the City Read More
Small Business Owners a Priority During Shutdown
While the region’s small business owners began facing some of their biggest challenges during the COVID-19 pandemic shut down this spring, the SKED team was busy working to soften their economic blow. The work continues as we offer both loan and Read More
LISC Small Business Relief Grants
LISC has created a number of relief grants to help small business owners facing potentially devastating economic pressure, as a result of the COVID-19 pandemic. Learn more about LISC Small Business Relief Grants Read More
Paycheck Protection Program and Health Care Enhancement Act
Joint Statement by SBA Administrator Jovita Carranza and Treasury Secretary Steven T. Mnuchin on the Resumption of the Paycheck Protection Program WASHINGTON - Administrator of the U.S. Small Business Administration Jovita Carranza and U.S. Read More
New Funding for Paycheck Protection Program Starts Soon
The Paycheck Protection Program is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll. Read guidance from the US Treasury. The U.S. Small Business Administration (SBA) will forgive loans if all Read More
Bear Diversified, Inc. Expands Its Capacity with SKED Loan
When Bear Diversified, Inc. needed to make building improvements and upgrade equipment at its London, Ky. subsidiary, its leadership called on longtime lending partner SKED to get the job done. The company needed to renovate its paint line and Read More