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Pinion Insights

MSL

Fed Provides Clarity on Main Street Lending Program for Small and Medium-size Businesses

By K·Coe Editorial | May 1, 2020
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Reading Time: 3 minutes
Following its release of the Main Street Lending (MSL) program three weeks ago, the Federal Reserve has issued more detail on guidance, answered Frequently Asked Questions (FAQs), and made some adjustments to the original scope of the program. “After listening to the press conference delivered by Fed Chair Powell, and …

Read moreFed Provides Clarity on Main Street Lending Program for Small and Medium-size Businesses

PPP Certification Criteria: 3 Questions for Every Business

PPP Certification Criteria: 3 Questions for Every Business

By K·Coe Editorial | May 1, 2020
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Reading Time: 3 minutes
Recently, we learned that Shake Shack, the LA Lakers organization, and many other businesses have returned Paycheck Protection Program (PPP) funds due to concerns over alleged misuse of the program’s loan criteria.  In response to these highly publicized events, U.S. Treasury Secretary Steven T. Mnuchin and SBA Administrator Jovita Carranza …

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Workers in Field

PPP Update: Good News for Businesses with H-2A Workers

By K·Coe Editorial | April 28, 2020
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Reading Time: 2 minutes
Earlier in April, the Small Business Administration (SBA) and Department of Treasury addressed whether businesses should include any non-U.S. laborers in their employee count applicable to the Paycheck Protection Program (PPP) by simply excluding any compensation of an employee whose principal place of residence is outside of the United States.  …

Read morePPP Update: Good News for Businesses with H-2A Workers

Disaster Loan

New Senate Bill Approves Ag Small Businesses for Disaster Loan Eligibility

By K·Coe Editorial | April 21, 2020
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Reading Time: 2 minutes
Update May 4, 2020: SBA is now accepting COVID-19 Economic Injury Disaster Loan and Advance applications for agricultural small businesses on a limited basis. Click here to visit the application on the SBA website. Loveland, CO – April 21, 2020 – Following weeks of lobbying the Small Business Administration (SBA) …

Read moreNew Senate Bill Approves Ag Small Businesses for Disaster Loan Eligibility

Important Section 199A Tax Effects on Decision-making in 2020

USDA Announces Coronavirus Food Assistance Program

By Pinion Editorial | April 17, 2020
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Reading Time: 4 minutes
(Washington, D.C., April 17, 2020) – U.S. Secretary of Agriculture Sonny Perdue today announced the Coronavirus Food Assistance Program (CFAP). This new U.S. Department of Agriculture (USDA) program will take several actions to assist farmers, ranchers, and consumers in response to the COVID-19 national emergency. President Trump directed USDA to …

Read moreUSDA Announces Coronavirus Food Assistance Program

Pinion Insights

CARES Act: Ag Businesses Should Prepare to Apply for EIDL Funding

By K·Coe Editorial | April 10, 2020
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Reading Time: 2 minutes
Special note:  K·Coe Isom is working to convince SBA to open this program to agricultural businesses. We have joined forces with 30 agriculture organizations and sent a letter to the head of the SBA demanding that agriculture businesses be able to participate in this program.  K·Coe Isom’s government affairs team …

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CARES Act: Unemployment Assistance Program Benefits Overview

New: Main Street Lending Program Available for Businesses up to 10,000 employees

By K·Coe Editorial | April 10, 2020
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Reading Time: 2 minutes
April 17, 2020 Main Street Lending Program Update:  The Federal Reserve has released a report following the open period for public comments.  The report confirms that the Main Street Lending program is available for employers with up to 10,000 employees, including those with less than 500 employees (even if they …

Read moreNew: Main Street Lending Program Available for Businesses up to 10,000 employees

Employee Retention Tax Credit ERTC

CARES Act: Employee Retention Tax Credit is Available

By K·Coe Editorial | April 9, 2020
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Reading Time: 2 minutes
With all of the coverage and focus on the Paycheck Protection Program (PPP) loans, many businesses are unaware of the Employee Retention Tax Credit (ERTC) that is available under the CARES Act.  The ERTC was set up to help businesses retain employees.  There is a small catch, however:  a business …

Read moreCARES Act: Employee Retention Tax Credit is Available

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