Pinion Insights: Posts authored by

K·Coe Editorial

Paycheck Protection Program

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 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

PPP Certification Criteria: 3 Questions for Every Business

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) Loan 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 …

Read moreSBA Issues First Guidance for PPP Loan Forgiveness Application

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

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

By K·Coe Editorial | May 15, 2020
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

CARES Act: Unemployment Assistance Program Benefits Overview

How COVID-19 is Impacting Banking Regulations

By K·Coe Editorial | May 14, 2020
Reading Time: 4 minutes
Changes in Appraisal Timelines Banks have found it increasingly challenging to obtain, in a timely manner, the required appraisals and evaluations needed for real estate-related financial transactions. In response, the OCC, FRB, FDIC, and NCUA agencies, working with state financial regulators, have issued an interagency statement to specifically address those …

Read moreHow COVID-19 is Impacting Banking Regulations

Loan Origination Fees

Accounting for PPP Loans

By K·Coe Editorial | May 14, 2020
Reading Time: 2 minutes
As part of the CARES Act, many banks are participating in the SBA’s Paycheck Protection Program (PPP), providing funds to hundreds of Americans and small businesses.  Once the loans are funded, then what?  We’ve received many questions on how to account for the PPP loans processing fees – such as, …

Read moreAccounting for PPP Loans

Categories