FINANCIAL_SERVICESDISCUSSED

Village considers TIF forgivable loan for new business

The Village Board will discuss a proposed TIF-funded 5-year forgivable loan to Payton & Jason Marshall to assist with start-up costs for a business at 306 10th Ave. The item is presented as an economic development incentive under the village's tax increment financing program.

Status
DISCUSSED
Document date
May 18, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Payton & Jason Marshall
Agency
Town of Orion · IL

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Contract term
5 years (proposed forgivable loan term)
Renewal
Proposed incentive structured as a 5-year forgivable loan; specific forgiveness schedule not detailed in the agenda.
Document type
Agenda
Source document
Village of Orion Board of Trustees Meeting Agenda May 18 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Orion?

Payton & Jason Marshall was awarded this financial services contract by Town of Orion, as recorded on May 18, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Village of Orion Board of Trustees Meeting Agenda May 18 2026 (Agenda), dated May 18, 2026 from Town of Orion. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Payton & Jason Marshall hold?

Payton & Jason Marshall may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Payton & Jason Marshall's profile

What is Town of Orion currently buying?

Explore Town of Orion's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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