Tax Increment Financing (TIF)

For more Information on Our T.I.F. Program please Contact Us

Intermediary Relending Programs (IRP)

The Village of Goreville has small business financing available to lend from their new Intermediary Relending Programs (IRP).  The Goreville IRP funds have been capitalized by a loan from USDA Rural Development of $400,000. These loan funds will allow the Village of Goreville to provide low-interest loans to aid small and growing businesses.

Eligible loan recipients that plan to open or expand their business within the Village can borrow up to 75% of project costs, not to exceed $150,000 from this program at an interest rate of 4.5-6%. 

Loan proceeds can be used for real estate purchase, acquisition of an existing business, new construction, building renovations, machinery, equipment, inventory, supplies, and working capital. 

Loans cannot be obtained for agricultural purposes, independent housing, golf courses, race tracks, gambling facilities or to refinance existing debt.

For more Information                                                                                                                                               Please Contact: Brittany Taylor, Southern Five Regional Planning                                                                        618-845-9000

Goreville IRP Application 

Illinois Department of Commerce and Economic Opportunity

Attachments:

Facebook
Website
Illinois Small Business Development Center/International Trade Center Southern Illinois University Carbondale

Attachments:

Facebook
Website
 Center for Community & Economic Development

Shawnee Community College

Attachments:

Facebook
Website
Workforce Development & Community Education

John A. Logan College

Attachment:

Website
U.S. Small Business Administration

Attachments:

Facebook
Website
Southern Five Regional Planning District and Development Commission

Attachment:

Website
USDA Rural Development

Attachment:

Website
Data Regional Authority

Attachments:

Facebook
Website
Southernmost Illinois Delta Empowerment

(SIDEZ)

Attachment:

Website