Clock Ticking for Bill Upping Farmer, Self-Employed PPP Loans

A bipartisan Senate bill that would boost loan amounts for self-employed businesses and small-farm partnerships is a welcome fix for many who felt left out of new benefits.

But time is running out to take advantage of those new perks: The nearly $765 billion Paycheck Protection Program concludes on May 31. Even if the bill (S. 1249) were to get a fast-track vote in the Senate and the House, there are still logistical hurdles for the Small Business Administration, which administers the program, and lenders to make use of the changes.

“The intent is really to ...