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Posts tagged as “PPP Loans”

Farmers and ranchers can now get PPP Loans

Farmers who run their operations as sole proprietors, independent contractors, or otherwise self-employed individuals will have newly expanded access as soon as today to the Paycheck Protection Program (PPP) under changes made in the COVID stimulus package Congress approved last month. Producers who were denied PPP loans or whose loan amounts did not consider self-employment compensation may now be eligible for the vital federal small business support. Eligibility information and more details can be found  here. Those wanting to apply for a PPP loan should contact lenders directly for more information on when PPP will be open for that specific lender. “National Milk Producers Federation is pleased that many of our dairy farmers will have fewer restrictions and limitations on the PPP support available to…