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Source: SOUTHERN FARM NETWORK, 4/22/21
Sen. Tammy Baldwin (D-WI), Chair of the Senate Agriculture Appropriations Subcommittee, has introduced bipartisan legislation to extend more relief to farmers and small businesses. The PPP Flexibility for Farmers, Ranchers, and the Self-Employed Act offers changes to the Paycheck Protection Program. The bill includes a legislative fix authored by Senator Baldwin that would make critical changes to PPP loan calculations to allow self-employed farmers and ranchers to apply for more generous PPP loans based on their gross income, retroactively. For more of this story, click here.
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