Rebuilding Phase Begins for Local Mayfield Business with Help from DREAM Together Initiative
The rebuilding phase has begun for Jay Chehar Inc. of Mayfield, whose former business was destroyed in the December 10th tornado. Jay Chehar Inc. took advantage of the DREAM Together partnership program offered by FNB Bank and First Kentucky Bank. The DREAM acronym stands for Downtown Revitalization & Economic Advancement for Mayfield. Together, both Mayfield based banks will partner to provide incentives and low interest loans for businesses that want to rebuild and invest again in downtown Mayfield. The collective goal of FKB and FNB is to stimulate economic development and put jobs back in one of the hardest hit areas in the community.
In addition to Jay Chehar Inc., 4,000 additional square feet of commercial space will be available for rent in the newly constructed building. The rebuild is estimated to be completed by December 2022. To inquire about renting commercial space, please contact Alin Patel at 229-237-7379.
About FNB Bank, Inc.
FNB Bank, founded in 1875, is one of the oldest banks in the state of Kentucky with assets exceeding $680 million. FNB ranks among the highest in the nation in the area of safety and soundness. FNB is a 2021 and 2022 ‘Best Places to Work in Kentucky’ Small Business Category Award Winner. The bank currently has ten locations located in Graves, McCracken, Calloway, Trigg and Marshall County. FNB is Member FDIC and an Equal Housing Lender.
About First Kentucky Bank
First Kentucky Bank is a Kentucky-based community bank established in 1899 with assets exceeding $554 million. First Kentucky provides a personal approach to finances for those in six counties, including Carlisle, Graves, Livingston, Marshall, Muhlenberg, and Ohio. They are committed to bringing customers simple ways to connect, grow, and protect their financial health in both personal and business endeavors. First Kentucky is a Member FDIC bank and an Equal Housing Lender.