CARES Act Programs & Updates

K·Coe Isom Resource & Update Center

CARES Act Resources

K·Coe Isom has been closely tracking actions taken by the government to help clients alleviate the economic damage caused by the COVID-19 pandemic. We have been assisting them with their efforts to identify and utilize programs and funds that best meet their specific needs.

While significant attention was given to opportunities like the Paycheck Protection Program (PPP), the Coronavirus Aid, Relief and Economic Security (CARES) Act includes numerous other potentially useful resources for health care providers, businesses, schools, and non-profits as they navigate financial and operational challenges.

In an effort to help its clients, K·Coe has summarized the funding programs and opportunities that are most likely to benefit them.  This is not a comprehensive list of all CARES Act programs and supplemental funds available.  Below, we have provided a summary of resources available for:

It’s important to note that some of these agencies and their associated programs have issued thorough and complete guidance, while others have yet to do so. Information and guidance is being delivered and announced by various agencies on an ongoing basis. This compilation reflects available information as of May 28, 2020.

Office Locations Update

*All of our California offices are closed completely. Some of our office locations are being closed to visitors. Please check our locations page before you visit to see if your K·Coe office is closed.

Business Renewal Series: Recovering from COVID-19 Conditions

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K·Coe advisors share specialized expertise to set you on a path to business recovery.

Marketing in a Down Market

Producers are accustomed to contending with issues, but COVID-19 has created a new landscape for market conditions. Learn how to pivot and shift when the market slides, and manage risk in challenging times.

Wed, Jun 3, 2020 2:00 PM – 3:00 PM EDT

Anticipating and Tackling Back to Work Challenges

Bringing employees back to work in this new environment is challenging, and planning is critical. Learn what the new legal and safety precautions are by location, and the importance of protocols, modifications, written policies, and communication to ensure employees feel safe when returning to work.

Thu, Jun 11, 2020 12:00 PM – 1:00 PM CDT

How to Build a Post-pandemic Plan for Financial Resilience

For many, COVID-19 has disrupted the flow of business and thrown financial plans off track. With so much uncertainty, solid financial planning is more important than ever. Learn important best practices to assess your financial situation, manage cash flow, work with lenders for opportunities, and build good financial health in an uncertain economy.

Tue, Jun 23, 2020 1:00 PM – 2:00 PM CDT

Unearthing Opportunities for Farmers During Tough Times: Understanding Your FSA and Land Options

Taking advantage of available opportunities during challenging times can make all the difference for agribusinesses today. Understand the latest FSA program benefits and eligibility guidelines, and how they could input cash into your ag operation. Learn how to securely diversify and generate revenue from land/conservation options – including environmental, wildlife, wetlands and energy generation, and extraction projects – while managing risk.

Wed, Jul 8, 2020 1:00 PM – 2:00 PM CDT

Family Business Matters: Cultivating Success in Challenging Times

“What doesn’t challenge you, doesn’t change you.” There is nothing more challenging than operating a family business during a global pandemic. Learn how to implement best practices, capture opportunities, and address challenges while working through economic disruption in a family business.

Wed, Jul 22, 2020 1:00 PM – 2:00 PM CDT

Town Hall Recordings

UPDATES

More PPP Forgiveness and Loan Review Procedures Released: Top Takeaways

By K·Coe Editorial | May 26, 2020

Reading Time: 3 minutes The latest Interim Final Rule (IFR) on Paycheck Protection Program (PPP) Loan Forgiveness issued by the Small Business Administration (SBA) was released just before the holiday weekend.  Here, K·Coe advisors break down the high-level takeaways that offer some important clarifications for borrowers and lenders. Clarifications and Additions for Loan Forgiveness …

Read moreMore PPP Forgiveness and Loan Review Procedures Released: Top Takeaways

Highlights of CFAP Relief for Farmers and Ranchers

By K·Coe Editorial | May 20, 2020

Reading Time: 5 minutes Update 5/21: CFAP Update & Good News for Exporters: The Form CCC-942 that was released this week to certify 75% of Adjusted Gross Income (AGI) is from farming, indicates an IC-DISC dividend derived from farming or ranching activities is considered farm income. This is a change K·Coe has been pushing …

Read moreHighlights of CFAP Relief for Farmers and Ranchers

SBA Issues First Guidance for PPP Loan Forgiveness Application

By K·Coe Editorial | May 19, 2020

Reading Time: 5 minutes On May 15, the Small Business Administration (SBA) released the long-awaited Paycheck Protection Program (PPP) Forgiveness application and instructions. While there is not yet clear guidance on the details of loan forgiveness (the SBA plans to release regulations and guidance soon to assist borrowers as they complete their loan forgiveness …

Read moreSBA Issues First Guidance for PPP Loan Forgiveness Application

RESOURCES

HR Compliance and Support Services

Small businesses are getting bogged down by COVID-19’s impact on human resources – from employee communication to employer compliance.  Many are operating at full capacity, or putting HR duties onto professionals who are trained in other areas. K·Coe’s consulting arm, TalentPro, can help your business with HR compliance and support.  If you’d like to learn more about how our HR professionals are helping businesses during COVID-19, fill out this form and we will provide answers to FAQs on HR guidance during this time, as well as details on TalentPro support services.

To receive free COVID-19 best practices, and learn more about our HR services and pricing:

Below are links to resources to help businesses navigate through the impacts of COVID-19

CARES Act, SBA, and FFCRA Guidelines

COVID-19 and FFCRA Employer Resources:

 

Resources for Banks:

Crisis Planning and Management Resources:

Government and Association Links: