Economic Development & Industrial Corp Of Lynn

Lynn, MA

UEI
WF77CM9MZMJ9
CAGE
5C108, 9N7U5
Primary NAICS
522291 Consumer Lending
SAM.gov registration
Active through

Company facts

Self-certified in SAM.gov
  • Other Not For Profit Organization
  • Community Development Corporation
  • Community Development Corporation Owned Firm
Entity structure
Corporate Entity (Tax Exempt)
NAICS codes registered in SAM.gov
SAM.gov registration date
Physical address
3 City Hall Square #405, Lynn, MA 01901, USA
Website
ediclynn.org
Founded
1977
Employees
1-10
Estimated annual revenue
$0-$1M
Industry
  1. Financials
  2. Diversified Financials
  3. Capital Markets
  4. Diversified Capital Markets
SIC code
67 Holding & Other Investment Offices
Profiles

Registration and certifications come from SAM.gov and the SBA; company details from public web sources. Updated .

Recent federal awards

About Economic Development & Industrial Corp Of Lynn

Economic Development & Industrial Corp Of Lynn is a tax-exempt, nonprofit community development corporation based in Lynn, Massachusetts, that has been registered to receive federal awards since 2009. The organization serves as an intermediary lender and technical assistance provider focused on supporting entrepreneurship and small business development in economically disadvantaged communities. Through its federal grant awards, the organization provides microfinance services, business training, and technical assistance to startup and growing small businesses in the Lynn area that lack access to traditional credit.

The organization has demonstrated consistent engagement with the Small Business Administration's Microloan Program through annual formula grants spanning from July 2021 through June 2026, providing direct loans and grants to eligible entrepreneurs and small business concerns. These microloan awards enable Economic Development & Industrial Corp Of Lynn to extend short-term, fixed-rate microloans up to $50,000 to startup, newly established, and growing small businesses, with funds designated for working capital, inventory, supplies, furniture, fixtures, machinery, and equipment. Additionally, the organization provides marketing, management, and technical assistance to prospective and current microloan borrowers. Beyond its microloan activities, Economic Development & Industrial Corp Of Lynn received a $500,000 Cooperative Agreement from the U.S. Environmental Protection Agency (EPA) under the Brownfields program beginning October 1, 2024 and extending through September 30, 2028. This EPA award funds the organization to conduct brownfield assessment activities in Lynn, including environmental site inventories, Phase I and Phase II assessments, cleanup planning, and community engagement initiatives. The organization has no federal contract prime awardees and no subrecipients under its current grant agreements, indicating it operates as a direct recipient implementing all funded activities independently. All grants have been awarded by the SBA's Office of Capital Access or EPA Region 1, with the organization maintaining an active SAM.gov registration through August 2026.

Quick answers

What is Economic Development & Industrial Corp Of Lynn's UEI?

Economic Development & Industrial Corp Of Lynn's Unique Entity ID (UEI) in SAM.gov is WF77CM9MZMJ9.

What are Economic Development & Industrial Corp Of Lynn's CAGE codes?

Economic Development & Industrial Corp Of Lynn's CAGE codes are 5C108 and 9N7U5.

What is Economic Development & Industrial Corp Of Lynn's primary NAICS code?

Economic Development & Industrial Corp Of Lynn's primary NAICS code is 522291 (Consumer Lending).

Where is Economic Development & Industrial Corp Of Lynn located?

Economic Development & Industrial Corp Of Lynn's physical address in SAM.gov is 3 City Hall Square #405, Lynn, MA 01901, USA.

Is Economic Development & Industrial Corp Of Lynn registered in SAM.gov?

Yes. Economic Development & Industrial Corp Of Lynn's SAM.gov registration is active through August 20, 2027.

What is Economic Development & Industrial Corp Of Lynn's most recent federal award?

Economic Development & Industrial Corp Of Lynn's most recent federal grant award is Economic development and industrial corp of lynn (the) - MA to assist all entrepreneurs business owners and other… (SBAHQ25Y0080), from Office of the Chief Operating Officer, on July 1, 2025.

On GovTribe

See Economic Development & Industrial Corp Of Lynn's full federal record

  • Federal grant awards
  • Funding analysis by agency, NAICS and set-aside
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