arrow_back Trending Legislation
Share share

Easier Paycheck Protection Program Loans for Farmers and Ranchers

This act changes how farmers and ranchers can calculate their maximum loan amount under the Paycheck Protection Program (PPP). This aims to provide them with more financial support to sustain their operations. These changes also apply to loans issued previously, except for those that have already been forgiven.
Key points
Farmers and ranchers can now use an alternative calculation for their PPP loans, potentially increasing their available financial aid.
The new rules apply to past loans, meaning more individuals might benefit from better terms, unless their loan was already forgiven.
article Official text account_balance Process page notifications_active Track this Bill
gavel
Status:
Expired
Record your position for audit.
Why does your vote on bills matter?
It creates raw, undeniable proof. Civic Will provides the permanent data to verify the Government's loyalty towards its citizens (explained here). Start recording it now.
Additional Information
Paycheck Protection Clarification for Producers Act
Print number: HR 1246
Sponsor: Rep. Kind, Ron [D-WI-3]
Process start date: 2021-02-23