Nectar Community Investments Inc.
Lawrence, MA Doing business as Lowell Community Loan Fund Inc.
- UEI
- SWEAGNPFVJF5
- CAGE
- 5SWA1
- Primary NAICS
- 522299 International, Secondary Market, and All Other Nondepository Credit Intermediation
- SAM.gov registration
- Active through
Company facts
- Self-certified in SAM.gov
- Entity structure
- Corporate Entity (Tax Exempt)
- NAICS codes registered in SAM.gov
- SAM.gov registration date
- Physical address
- 50 Island St #103, Lawrence, MA 01840, USA
- Website
- nectarinvests.org
- Industry
-
- Financials
- Diversified Financials
- Diversified Financial Services
- Financial Services
- Profiles
Registration and certifications come from SAM.gov and the SBA; company details from public web sources. Updated .
Recent federal awards
| Award | Agency | Obligated | Awarded |
|---|---|---|---|
| Purpose: to promote economic revitalization and community development through investment in and financial assistance… | Community Development Financial Institutions Fund | $800,000 | |
| Purpose: to provide grants to community development financial institutions (cdfis) for the following purposes 1) to… | Community Development Financial Institutions Fund | $500,000 | |
| Purpose: to promote economic revitalization and community development through investment in and financial assistance… | Community Development Financial Institutions Fund | $560,000 | |
| Purpose: to promote economic revitalization and community development through investment in and financial assistance… | Community Development Financial Institutions Fund | $300,000 | |
| Cdfi rapid response program award | Community Development Financial Institutions Fund | $1,826,265 |
About Nectar Community Investments Inc.
Nectar Community Investments Inc., doing business as Lowell Community Loan Fund Inc., is a non-profit organization and certified Community Development Financial Institution (CDFI) located in Lawrence, Massachusetts. Registered in SAM.gov since 2009, the organization focuses on providing financial services, lending, investments, and technical assistance to underserved urban and rural communities. As a corporate entity with tax-exempt status, Nectar Community Investments specializes in community development, particularly targeting low- and moderate-income populations that have limited access to mainstream financial services.
The organization has consistently received federal grant awards from the U.S. Department of the Treasury's Community Development Financial Institutions Fund, securing multiple project grants totaling approximately $3,986,265 between 2021 and 2024. These grants, including the Community Development Financial Institutions Program, Equitable Recovery Program, and Rapid Response Program, have enabled Lowell Community Loan Fund to provide critical financial support during the COVID-19 pandemic. Specific grant activities include delivering loans, investments, financial counseling, and capacity-building support to communities disproportionately impacted by economic challenges. The grants have supported the organization's efforts to expand economic opportunities, create jobs, build businesses, and foster economic self-determination in underserved communities. Each grant award has a specific focus on enhancing financial services, supporting small businesses, and providing technical assistance to communities with significant unmet capital or financial service needs.
Quick answers
What is Nectar Community Investments Inc.'s UEI?
Nectar Community Investments Inc.'s Unique Entity ID (UEI) in SAM.gov is SWEAGNPFVJF5.
What is Nectar Community Investments Inc.'s CAGE code?
Nectar Community Investments Inc.'s CAGE code is 5SWA1.
What is Nectar Community Investments Inc.'s primary NAICS code?
Nectar Community Investments Inc.'s primary NAICS code is 522299 (International, Secondary Market, and All Other Nondepository Credit Intermediation).
Where is Nectar Community Investments Inc. located?
Nectar Community Investments Inc.'s physical address in SAM.gov is 50 Island St #103, Lawrence, MA 01840, USA.
Is Nectar Community Investments Inc. registered in SAM.gov?
Yes. Nectar Community Investments Inc.'s SAM.gov registration is active through September 9, 2027.
What is Nectar Community Investments Inc.'s most recent federal award?
Nectar Community Investments Inc.'s most recent federal grant award is Purpose: to promote economic revitalization and community development through investment in and financial assistance… (241FA065082G), from Community Development Financial Institutions Fund, on September 26, 2024.
On GovTribe
See Nectar Community Investments Inc.'s full federal record
- Federal grant awards
- Funding analysis by agency, NAICS and set-aside
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