Coronavirus (COVID-19) Resources

SBA Issues Two Additional PPP Final Interim Rules

The Small Business Administration (SBA) recently released two additional final interim rules to provide further guidance for Paycheck Protection Program (PPP) loan borrowers and lenders. Specifically, the two rules provide guidance for loan review procedures, loan forgiveness, and borrower and lender responsibilities. This article provides a general overview of the two final interim rules. For …

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From The Desk of Richard Ollis - 5/20/2020 Update

Contact Tracing and Logging

(May 20, 2020) In our last communication, we focused on our return to work plans and policies that businesses should consider to protect their organization, their employees and their customers. Several areas are difficult and controversial (masks and travel) and each business should implement what works best for them. We’ll cover another “hot topic” in …

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What to Do After Receiving a PPP Loan

In response to the debilitating effect the coronavirus (COVID-19) pandemic has had on small businesses across the country, the federal government funded a program under the Coronavirus Aid, Relief and Economic Security Act (CARES Act) called the Paycheck Protection Program (PPP). Approximately $670 billion has been allocated to the PPP fund, and small businesses across …

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From The Desk of Richard Ollis 5/7/2020 Update

Our Plan and Timeline for Opening Our Facilities

(May 7, 2020) As we continue to move into May, our communities step down their orders and open many business operations. On Monday, the City of Branson lessened restrictions and are using the State of Missouri Guidelines. On Thursday, the City of Springfield and Greene County further reduced the restrictions allowing gathering at churches, theaters, …

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CISA Warns Against COVID-19 Cyber Crime

According to the Cybersecurity and Infrastructure Security Agency (CISA), malicious cyber actors are taking advantage of public concern surrounding COVID-19 by conducting phishing attacks and disinformation campaigns. CISA is encouraging individuals to guard against COVID-19-related phishing attacks and disinformation campaigns by taking the following precautions: Avoid clicking on links in unsolicited emails, and be wary …

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From The Desk of Richard Ollis 5/1/2020 Update

Breaking Down the Reopening of Our Communities – 5/1/2020 Update

May will be an important month in our continuing battle with COVID-19. Effective May 4th, Missouri Governor Parson updated our state order and we will begin a phased approach to reopening our state. The City of Springfield and Greene County also issued new orders effective May 4th. Here’s what to expect on May 4th and …

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Congress Passes $480 Billion Coronavirus Relief Package

On Thursday, April 23, 2020, the U.S. House of Representatives voted on and passed the newest coronavirus aid bill, which includes funding for small businesses, hospitals and coronavirus testing. The bill now heads to President Donald Trump, who indicated he will sign it into law quickly. What is included in the new bill? The bill …

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From The Desk of Richard Ollis 4/10/2020 Update

COVID-19 Frequently Asked Questions and More – 4/10/2020 Update

(April 10, 2020) As we move into the second month of the COVID-19 pandemic, there are some key issues, frequently asked questions, and insurance policy changes that are developing. We wanted to provide you with several that we feel are important. As always, reach out to us with questions, clarification or advice. HEALTH INSURANCE: Many carriers are …

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CDC Recommends Wearing a Mask When You Go Out in Public

During the White House Coronavirus Task Force briefing on Friday, April 3, President Donald Trump announced new guidance for the American public to protect themselves against coronavirus disease 2019 (COVID-19). This new guidance from the Centers for Disease Control and Prevention (CDC) states that Americans should wear nonmedical-grade, cloth masks when they go out in …

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From The Desk of Richard Ollis 4/3/2020 Update

Financial Resources Toolkit – 4/3/2020 Update

(April 3, 2020) Ollis/Akers/Arney’s vision statement is “protecting tomorrow, today”. That vision goes far beyond the simple placement and servicing of insurance policies. In assessing the risks brought on by the emergence of the COVID-19 virus, we quickly determined that cash flow and the ability for businesses to navigate financial duress will soon become critical. …

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