February 24, 2021
Your business news & updates
The City of Laguna Niguel is working to support our local businesses during this COVID-19 crisis and beyond. We will provide timely information, resources, programs and updates to help your business thrive!
Businesses with 20 or Less Employees Can Obtain PPP Loans
To reach the smallest businesses, SBA will offer Paycheck Protection Program loans to businesses with 20 or less employees and sole proprietors only from (today) Wednesday, February 24 through Wednesday, March 10. President Joe Biden also announced additional program changes to make access to PPP loans more equitable.
o   Paycheck Protection Program (PPP):

1. Find a lender:
2. Identify a loan:
o   First Draw PPP Loans: If you have not received a PPP loan before, First Draw PPP Loans are available to you.
o   Second Draw PPP Loans: If you have previously received a PPP loan, certain businesses are eligible for a Second Draw PPP Loan.
SBA is currently offering the following funding options:
o   SBA debt relief (for existing borrowers) 
SBA is preparing to offer:
SBA is contacting eligible businesses regarding:

Hugs for Heroes
The City is seeking local restaurants and community members to take part in its "Hugs for Heroes" program designed to support frontline healthcare workers through meals, snacks and notes of encouragement. This program is meant to send a “hug” from the City of Laguna Niguel to local healthcare workers while simultaneously helping our local restaurants and businesses.

Read on HERE for more information.
Free Drive-Through Document Shredding Event April 3
The City and Police Services will host a free Drive-Through Document Shredding Event from 7 am to noon on Saturday, April 3 at City Hall, 30111 Crown Valley Parkway. You can protect your personal information by shredding confidential documents (up to 10 banker boxes per carload) onsite for free.

See this FLIER for complete details.
Featured Business Video
The City continues to support local businesses through its Featured Business program, designed to highlight the spectacular restaurants, stores, establishments and brick-and-mortar companies that are the fabric of this dynamic community.

Our current Featured Business is Escape Brewery. Check out this VIDEO we produced and support this new business.

For information about participating in this free program, contact econdev@cityoflagunaniguel.org or 949-362-4300.
FedEx Small Business Grant Contest
The FedEx Small Business Grant Contest is offering more than $250,000 in cash and prizes to 12 winners. Entries will be accepted through March 9.

Entering is a great opportunity to gain exposure for your business and connect with your community and fans. Winning could help write the next chapter of your story.

To be eligible to enter, you must have a 9-digit shipping account number with FedEx. Learn more about the grant contest at fedex.com/grantcontest.