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Pinion Insights

Paycheck Protection Program

SBA Paycheck Protection Program Application Deadline Extended

By Pinion Editorial | July 6, 2020
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Reading Time: < 1 minute
As the original June 30 deadline passed for small businesses to apply for the Small Business Administration’s (SBA) Paycheck Protection Program (PPP), the Senate and House worked quickly to unanimously pass an extension proposal.  This past Saturday, President Trump signed the extension allowing businesses to apply for assistance through August …

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KCoe Isom Deepens Food & Ag Advisory with Expanded Offerings and New Global Footprint

KCoe Isom Deepens Food & Ag Advisory with Expanded Offerings and New Global Footprint

By K·Coe Editorial | July 1, 2020
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Reading Time: 3 minutes
July 1, 2020 – K·Coe Isom, the nation’s leading accounting and consulting firm for food and ag businesses, announced today the founding of an agriculture-focused advisory team,  Pinion Advisory, to serve agriculture businesses throughout the U.S. and Australia’s global footprint. The Pinion advisory model, Pinion FIRST, will focus on five …

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Employer Leave Donation

Giving Back: IRS Eases Ability to Set Up Employer Leave Donation Programs for COVID-19 Victims

By K·Coe Editorial | June 25, 2020
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Reading Time: < 1 minute
In response to the need to provide relief to victims of the COVID-19 pandemic, many employers are considering Employer Leave Donation programs. Under these programs, employees may elect to forgo vacation, sick, or personal leave in exchange for employer contributions to charitable organizations. The icing on the cake?  The IRS …

Read moreGiving Back: IRS Eases Ability to Set Up Employer Leave Donation Programs for COVID-19 Victims

Paycheck Protection Program

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 …

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

Missouri Bankers Association

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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Loan Origination Fees

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 …

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

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

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 Manufacturing Companies 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, …

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

Paycheck Protection Program

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 from the PPP forgiveness that offer some important clarifications for borrowers and lenders. Clarifications and …

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