By Diana Ransom
Inc.
With just over $50 billion still available in the Paycheck Protection Program, Senate lawmakers on Tuesday introduced a new bill that would make good on a Biden administration promise to get more money into the hands of solopreneurs.
The bill, dubbed the PPP Flexibility for Farmers, Ranchers, and the Self-Employed Act, would allow sole proprietors, independent contractors, and the self-employed to retroactively apply for more money through the forgivable loan program.