Paycheck Protection Program Loan Toolkit

This loan program is focused on businesses, nonprofits, veterans organizations and Tribal businesses with not more than 500 employees. The PPP loans are administered under the Small Business Administration Section 7(a) loan programs. The loans will be issued and administered by local lenders. [More]

Estate planning in your 20s and 30s

People in their twenties and thirties, regardless of other life circumstance--like whether they have children--typically have social media accounts. You may not want your social media accounts to live on in perpetuity while the likelihood of being hacked increases over time. You may want your family to be able to access photographs of you on digital platforms and you may not. You may rather have a friend filter out the things that are appropriate for family before deleting your account. [More]

Insurance coverage and COVID-19 losses

Insureds should be aware that insurance companies will likely receive a massive number of COVID-19 claims. Insureds should expect insurers to apply heightened scrutiny to COVID-19 claims, require strict compliance with policy conditions, narrowly interpret coverage and exclusions under the policy to exclude COVID-19 claims, and specifically exclude COVID-19 claims from policies during renewal. [More]

Planning for the future during the COVID-19 outbreak

When you become very ill and are no longer able to make decisions for yourself, a Declaration of Living Will can speak for you. This document, drafted when you are healthy and of sound mind, outlines the types of medical procedures and treatments you are wiling to undergo or not willing to undergo when you are essentially on your death bed. [More]

Arkansas small businesses now eligible for Economic Disaster Loans

A pandemic can strain a small business's financial capacity to make payroll, maintain inventory, and respond to sudden drops in the market. The United States Small Business Administration (“SBA”) works with state governors to provide loans to support small businesses in times of economic disaster. A small business, small agricultural cooperative, small business engaged in aquaculture, or private non-profit organization may borrow up to $2 million for economic injury caused by COVID-19. The interest rate is 3.75% for small businesses and 2.75% for non-profits. [More]