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SKED

Southeast Kentucky Economic Development

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Lending

East Kentucky Native Opens New Clinic in Her Hometown

Lending | Success Stories

February 15, 2021

LOUISA, KY – The only thing better than owning a small business and getting paid to do something you enjoy is doing it in the hometown you love. Morgan Lester achieved both in 2020, when she opened Eastern Kentucky Sports & Orthopedic Physical Therapy PSC in downtown Louisa, Ky. The Lawrence County native learned the Read More

Laurel Co. Native Opens New Liquor Store in Mt. Vernon

Lending |  Success Stories

December 23, 2020

MOUNT VERNON, KY – Todd Greer didn’t plan to open his new liquor store during a pandemic, but road construction delays and the spring economic shutdown left him no choice. In the end, the timing couldn’t have been better, and On the Rocks Wine and Read More

Rockcastle Co. Restaurant Owner Endures During 2020 Covid Pandemic Shutdowns

Lending |  Success Stories

December 2, 2020

MOUNT VERNON, KY – Marcella Lovell prefers to let her meatloaf and Rocket Burger speak for themselves. Tourists and regional food lovers have been listening, answering and enjoying Marcella's Farm to Fork local delicacies for years. But what Read More

SKED, Others Awarded USDA Grants in Somerset

Lending

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 Read More

SKED Awarded $1.1 Million EDA Grant to Make Loans to Small Business Owners Affected by COVID-19 Pandemic

Lending

September 3, 2020

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

Small Business Owners a Priority During Shutdown

COVID-19 |  Lending

July 1, 2020

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

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LISC Small Business Relief Grants

COVID-19 |  Lending

April 27, 2020

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

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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

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SKED

2292 S Hwy 27
Somerset · Kentucky · 42501

(606) 677-6100
skedcorp.com

 

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Certified US Department of the TreasuryAeris Rated since 2017

Community Development Financial Institutions – or CDFIs – are certified by the U.S. Department of the Treasury’s CDFI Fund. All are mission-driven financial institutions that are dedicated to providing financial services to meet the needs of economically disadvantaged individuals within underserved communities. For more information about the CDFI Fund, visit www.CDFIFund.org.

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