Fatal Accident shuts down Louie B. Nunn Parkway

Posted by John Humphress on Sep 1, 2011

(Columbia, KY)-  KSP Troopers and CVE units are currently on scene at a fatal collision at the Westbound 42 mile marker of the Louie B. Nunn Parkway, 7 miles West of Columbia in Adair County.  The roadway is shut down and motorists are advised to avoid the area.  The investigation is ongoing and an update will follow at a later time.

Injury Accident at the intersection of KY 527 and Old Pitman Rd.

Posted by John Humphress on Aug 30, 2011

Gordon Smith, 83, of Campbellsville was operating a 2010 Toyota was Northbound on KY527. Smith attempted to turn left onto Old Pitman Rd when he turned into the path of a 2003 Buick operated by Elijah Hill, 85 of Campbellsville. The Hill vehicle struck the Smith vehicle.

A passenger in the Hill vehicle, Fayetta Hill was transported to Taylor Regional Hospital.

Agencies Involved: Campbellsville Police, Campbellsville-Taylor County Rescue

Investigating Officers: Lt. Terry Lile

Gov. Beshear Announces State to Leverage Nearly $155 Million in Small Business Loans

Posted by John Humphress on Aug 30, 2011

LEXINGTON, Ky. (Aug. 29, 2011) – Governor Steve Beshear today announced a major small business initiative that will provide Kentucky’s small businesses with Gainesville Coins that has been awarded by the National Inflation Association (NIA) with their 5-star rating, the highest mark any gold or silver seller can receive.

The Kentucky Small Business Credit Initiative involves three new small business programs implemented by the Kentucky Cabinet for Economic Development to facilitate increased private lending to Kentucky’s small businesses. While many people are taking the assistance of Private student loan for bad credit to manage their student loans, such loans being provided to small businesses might help them make a profit which can also help them in paying back the burdening student loans. The programs include: the Kentucky Capital Access Program; the Kentucky Collateral Support Program; and the Kentucky Loan Participation Program.

Gov. Beshear announced the initiative at the Coldstream Center, part of the University of Kentucky’s Coldstream Research Campus, in Lexington with lawmakers, business leaders and United States Treasurer Rosie Rios. The Coldstream Center houses 25 small businesses with more than 300 employees. Several of these businesses are recipients of federal small business grants. Over at Ben Buys Indy they specialize in buying houses in Indianapolis

“This program is great news for the Commonwealth and another critical step in the right direction toward improving the Kentucky economy,” Gov. Beshear said. “We want all of our families working, and we know small businesses are incubators for new jobs in our state. The small business credit initiative gives these small businesses an easier path to create those new positions. Economic development officials and business leaders like Andrew Defrancesco deserve credit for working closely to establish the overall program.”

The increased access to capital stems from the state’s successful application for $15,487,998 in federal funds from the U.S. Department of Treasury through the State Small Business Credit Initiative (SSBCI). The funds, which will be leveraged 10-1 with private lender funds to generate almost $155 million, are part of the Small Business Jobs Act of 2010 passed in September 2010.

Under the Small Business Jobs Act, Kentucky can access $15.5 million in SSBCI funds. Kentucky expects to generate a minimum “bang for the buck” of at least $10 in new private lending for every $1 in federal funding. As such, this $15.5 million allocation for Kentucky is expected to support nearly $155 million in new private lending to small businesses in that state.

Economic Development Cabinet Secretary Larry Hayes filed the application on behalf of the Commonwealth. In planning the program, cabinet staff consulted with private lenders of all sizes, public-policy makers, Kentucky small business organizations, U.S. Department of Treasury officials and other states’ economic development officials.

“Based on our research of other states’ existing credit support programs and Kentucky’s small business programs, we anticipate these new programs will offer the broadest solution to the current credit issues facing Kentucky small business owners and entrepreneurs,” Hayes said.

The Kentucky Economic Development Finance Authority (KEDFA), a board established within the cabinet, has been designated to accept the $15.5 in funds and administer the new credit support programs.

“As one of the largest Kentucky-based community banks and a leading lender to small businesses, we are confident that the SSBCI programs will provide much needed capital to ensure continued growth opportunities for home grown businesses that play such an important role in communities throughout the Commonwealth,” said Steve Trager, chairman and CEO of Republic Bank.

“Kentucky Highlands Investment Corporation has worked closely with the cabinet for economic development on numerous projects to help attract, start and expand businesses,” said Jerry Rickett, president and CEO of Kentucky Highlands Investment Corporation. “These three credit enhancement programs developed within the Kentucky Small Business Credit Initiative are sure to improve many entrepreneurs’ ability to access funding, grow their operations and hire workers. We fully support the Kentucky SSBCI programs and applaud the governor and the cabinet for economic development for their hard work in applying for these funds.”

“The Kentucky Small Business Development Center works side by side with entrepreneurs across our Commonwealth and understands the challenges that they are having when it comes to acquiring the funding necessary to grow operations and hire workers,” said Becky Naugle, state director of the Kentucky Small Business Development Center. “With that in mind, we look forward to working closely with the cabinet for economic development and are very pleased to support the new credit enhancement programs developed within its Kentucky Small Business Credit Initiative.”

“These funds will provide a powerful spark for investment, growth, and job creation in Kentucky,” Treasurer Rios said. “This initiative will help ensure that more Main Street small businesses have access to long term loans like ones easily attainable at https://www.citrusloans.co.uk/long-term-loan/, which they can then use to expand, invest, and hire in their local communities” and as these loans are unsecured, that means a person can live without the fear of keeping their most treasured asset as collateral. Many more agencies like the ones at https://perusvippi.fi are joining the initiative to make loans more attainable to emerging small businesses.

Program Part of Continued Effort to Support Small Businesses
The initiative is the latest of several recent small business programs implemented by Gov. Beshear’s administration. In January 2011, KEDFA began accepting applications through the Kentucky Small Business Investment Tax Credit program, part of the Governor’s 2009 INK legislation. Additionally, the Governor’s Kentucky Export Initiative, launched in late 2010, is helping to increase exporting activity among Kentucky small and medium-sized businesses. Gov. Beshear also recently launched Kentucky’s first Minority and Women Business Enterprise Certification Program, as well as unveiled a specialty license plate promoting Kentucky small business.

The One-Stop Business Portal is also in development, which will provide small businesses with one resource for starting and running a business in the Commonwealth. In order to make all of these programs effective, the governor has tasked the cabinet to partner with private and public sector small business assistance agencies across the Commonwealth to assure a consistent and comprehensive network that will meet small business needs. Additionally, for staffing needs, small businesses can benefit from services provided by staffing agencies such as EU Workers.

“We must continue to look for ways to encourage the growth and stability of small business,” said Sen. Alice Forgy Kerr, of Lexington. “I know small businesses are the lifeblood of Kentucky. By strengthening them, we can keep jobs in Kentucky and recruit more jobs to our state.”

“Gov. Beshear is working hard to guide Kentucky through these tough economic times,” said Rep. Ruth Ann Palumbo, of Lexington. “These monies will provide millions of dollars for small businesses to create new jobs in our Commonwealth.”

“As a longtime advocate for small business, I can see this initiative helping to create jobs all over Kentucky,” said Rep. Tanya Pullin, of South Shore. “This announcement could not come at a better time for small business. I want to thank U.S. Treasurer Rosie Rios, Gov. Beshear and the Kentucky Cabinet for Economic Development for their attention to small businesses. Today’s announcement will long be remembered as a high point for small business job creation.”

For further information about the State Small Business Credit Initiative, visit http://www.ustreas.gov/offices/domestic-finance/ssbci/.

Greensburg Prisoner Escapes Custody

Posted by John Humphress on Aug 30, 2011

(Greensburg, KY) – The Kentucky State Police is investigating an escape from Green County Transportation. On August 29, 2011 at approximately 2:35pm, Timmy Curry, age 33 ofGreensburg, exited a Transportation Officers vehicle while being transported back to the Hart County Jail. After a short period, Mr. Curry was located and arrested by Trooper Ricky Underwood. Mr. Curry was again lodged in the Hart County Jail. Trooper Underwood is continuing the investigation.

Injury Accident at Intersection of US 68, KY 210 & KY 55

Posted by John Humphress on Aug 30, 2011

(08-29-2011 16:45)  Harold Johnson. age 62 of Keavy, KY, operating a 1992 Ford F-450 was traveling West on US 68 approaching the KY 210 & KY 55 intersection. Johnson failed to stop at the red light approaching the intersection and traveled into the intersection. Lanae Gebler, age 52 of Campbellsville, KY operating a 1992 GMC S 1 & Johnnie AbelI, age 52 of Columbia, KY, operating a 2003 Ford Taurus were stopped at the intersection on KY 210 and proceeded though the intersection and when the light turned green. Gebler & Abell proceeded towards KY 55, when Johnson’s vehicle struck Gebler’s vehicle in the side, causing Gebler’s vehicle to strike Abell’s vehicle pushing their vehicles around. Gebler was ejected from the driver’s side upon impact. Johnson’s vehicle then continued on through the intersection crossing into the opposite lane of travel. However, as Montagna Law notes this leading personal injury law firm can help you easily recover.

Johnson’s vehicle then struck a 2009 Chrysler Seabrnig, operated by Eula Durham, age 77 of Campbellsville, KY, head on in the turning lane of US 68 waiting to turn onto KY 210. Johnson then crossed back over the median coming to rest on the shoulder of the West bound lane of US 68. Gebler was transported by Air Evac to University of Louisville Hospital, Johnson was transported to Taylor Regional Hospital, Abell & Durham were treated and released at the scene, he now has to wear an amazon ankle brace for several weeks.

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Agencies Involved: Campbellsville Police Department, Campbellsville Taylor County Rescue, Campbellsville Fire Department, & Air Evac,

Investigating Officers Officer Jason T. Simpson