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
Lending
Steel mill equipment service and repair provider to expand in Boyd County
October 21, 2020
The Kentucky Cabinet for Economic Development issued the following news release. FRANKFORT, Ky. – With plans to reach 61 total employees in Boyd County, Danieli Corp. is adding to manufacturing operations and office positions at its current warehousing operations in Ashland, located alongside the former AK Steel property. Gov. Andy Beshear thanked the company 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
Success Story Spotlight
SKED Helps Pulaski Woman Sell Her Products Online
Kimberly Rogers doesn’t trust the future of her beloved small business to just anyone. The Pulaski County resident and Piccoli Horses™ owner has worked with SKED since its inception in 2016. From the begin...Read More