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K·Coe Insights

What You Need to Know Now and Later: Paycheck Protection Program Flexibility Act

By K·Coe Editorial | June 17, 2020
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Reading Time: 3 minutes For many businesses, it seems as though every time they blink there’s another Paycheck Protection Program (PPP) update to digest.  It’s a reality that accompanies the quick development and release of the Small Business Administration’s (SBA) program for economic relief due to COVID-19.  The need for updates soon becomes apparent …

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Main street and Elm in Rogers, Arkansas

Missouri Bankers Association Annual Convention Key Takeaways

By K·Coe Editorial | June 17, 2020

Reading Time: 3 minutes The Missouri Bankers Association (MBA) held their 130th Annual Convention virtually this year; it was done well. We’ve attended this conference a number of times in the past to meet current and prospective clients, and to hear good speakers/industry experts talk about what’s going on in the industry. As the …

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Guide to Community Bank Leverage Ratio: Should I or Shouldn’t I?

By K·Coe Editorial | June 12, 2020

Reading Time: 2 minutes Starting January 1, 2020, banks could elect to begin using the Community Bank Leverage Ratio (CBLR) or framework. Designed to simplify calculations for capital ratios on quarterly call reports, the CBLR ratio essentially uses total average assets, rather than the complicated calculation of risk-based total assets. A bank may opt-in …

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Food, Beverage and Manufacturing Companies Face New Risks Due to COVID-19 Contagion

By K·Coe Editorial | June 9, 2020
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Reading Time: 2 minutes The effects of the Coronavirus pandemic are far from over.  Though most businesses are in the midst of a gradual return to the workplace, they continue to face risks from further outbreaks. Supply chain partners, investors, and other stakeholders are watching carefully to ensure that when businesses do reopen, they …

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More PPP Forgiveness and Loan Review Procedures Released: Top Takeaways

By K·Coe Editorial | May 26, 2020
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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 …

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Highlights of CFAP Relief for Farmers and Ranchers

By K·Coe Editorial | May 20, 2020
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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 …

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SBA Issues First Guidance for PPP Loan Forgiveness Application

By K·Coe Editorial | May 19, 2020
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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 …

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SBA Issues New Guidance on PPP Loan Amounts for Partnerships and Seasonal Employers

By K·Coe Editorial | May 15, 2020
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Reading Time: 5 minutes It’s been a winding, foggy road for partnerships and seasonal employers trying to apply the Small Business Administration’s (SBA’s) guidance on Paycheck Protection Program (PPP) to their business structures.  In this article, K·Coe advisors provide a summary of the April Interim Final Rule (IFR) updates, the May loan increase IFR …

Read moreSBA Issues New Guidance on PPP Loan Amounts for Partnerships and Seasonal Employers