Small Business Worries? We Are Here to Help!

We are fully aware of the economic challenges that you may be facing as a small business. We want to do all we can to help! 

Paducah Bank is committed to sharing with you every resource we have available and we promise to keep you apprised of all opportunities from our bank and from state and federal programs. 
We want to share information about what we know in regard to SBA loans.  Please review the information below, and call us if you have questions or need assistance in completing the paperwork. 

We have just learned that Kentucky has now officially been DECLARED for statewide disaster certification which will make small businesses and private non-profits affected negatively by COVID-19 pandemic eligible for SBA disaster loans.  SBA staff is recommending that small business owners begin working NOW on completing necessary application forms. 

The loan process generally takes three to four weeks. However, due to the volume of applications, SBA  warns the process could take longer.  The borrower must note the application is being made because of the Coronavirus driven economic injury and they must have a physical location in the declared disaster area. The loan interest rate is 3.75% for small businesses and 2.75% for non-profits over a 30-year term. The borrower will have a 1-year deferment of their first payment.  
For additional information, please contact the SBA disaster assistance customer service center. Call 1-800-659-2955 (TTY: 1-800-877-8339) or e-mail  Visit for more information and updates.

Below are links to the forms that should be completed by any small business applying.    
Member FDIC 
Equal Housing Lender