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COVID-19 Information Hub Archives

Treasury Department Issues Loan Forgiveness Application Form and Instructions

On May 15, 2020, the United States Treasury Department issued its long awaited Paycheck Protection Program ("PPP") Loan Forgiveness Application Instructions ("Forgiveness Application"), including a PPP Loan Forgiveness Calculation Form (with instructions) and a list of expected supporting documents to accompany the Forgiveness Application (3245-0407 SBA Form 3508 PPP Forgiveness Application.pdf).

COVID-19 Work Refusal: What To Do If An Employee Refuses To Go Back To Work

As non-essential Ohio businesses begin to reopen, some employees may not be eager to return. This could be due to lingering safety concerns about COVID-19 and/or because employees may be receiving an extra $600 a week in the form of unemployment benefits from the federal government. This $600 benefit is often in addition to whatever state unemployment benefits the employee receives, even if that results in the employee making more by staying at home than by returning to work.

Businesses Deal with the Challenges of Re-Opening While Complying with Ohio Mandates

On Friday, May 15, 2020, restaurants and bars were authorized to re-open their patios to customers for outdoor dining and drinking in the state of Ohio. On the same day, personal care businesses (such as hair salons) were permitted to re-open. The businesses in the restaurant industry and personal care industry that opted to re-open over the weekend are accustomed to industry regulations. However, these and other businesses are now faced with the challenge of complying with government mandates and guidelines different from those that existed before the pandemic.

PPP Loans -- Building the Case to Support Your Certification of Economic Need


Ohio Begins to Go Back to Work

On Monday, April 27, 2020, Ohio Governor DeWine announced Ohio's plan for nonessential business to return to normal operations. While Ohio's Stay at Home Order remains in place and gatherings of 10 people or more are generally not permitted, the Governor announced that certain businesses can open on the following timetable:

Business Interruption Insurance Claims and Denials - Your Coverage May Vary

Business interruption insurance is intended to cover income lost because ordinary operations are disrupted (typically by a natural disaster, but also because of government action in some cases). Has anything in recent memory been more disruptive to business operations than COVID-19?

Ohio Legislature to Consider "Business Interruption" Bill

A bill has been introduced in the Ohio House of Representatives to require insurance companies to cover businesses suffering losses during the COVID-19 pandemic. This bill would provide coverage for small businesses forced to shut down or cut back operations due to the state of emergency declared on March 9th by Governor DeWine. 

Ohio Enforcement Regarding "Essential" Business Determinations

As virtually all Ohio residents and business owners know, Dr. Amy Acton, the Director of Ohio's Department of Health, issued a "Stay at Home Order" on March 22, 2020, and issued an amended and extended Stay at Home Order through May 1, 2020, on April 2, 2020.

Federal Reserve Announces Roll Out of Main Street Lending Program

The Federal Reserve on April 9, 2020 announced the basic preliminary terms of its Main Street Lending Program ("MSLP") authorized under the CARES Act. The MSLP will enhance support for small and mid-sized businesses "that were in good financial standing before the crisis" by offering 4-year loans to companies employing up to 10,000 workers or with revenues of less than $2.5 billion.