Center Stage Performing Arts Academy, LLC
Center Stage Performing Arts Academy, LLC is a fine arts school located in Mount Airy, Maryland. The business was approved for an SBA 504 loan of $1,383,000 to finance real estate or equipment through an SBA 504 loan, with First National Bank as the lender and Business Finance Group, Inc. as the certified development company, with an approval date of August 26, 2026.
SBA 504 loan, approved Aug 26, 2026
$1,383,000 SBA portionCDC: Business Finance Group, Inc.25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,383,000
- Bank portion
- $1,678,000
- Estimated project size
- $3,401,111 (estimated)
- Estimated owner equity
- $340,111 (estimated, about 10% of the project)
- Bank lender
- First National Bank, Altavista, VA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- August 26, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 611610, Fine Arts Schools
- Project location
- Frederick County, MD
- SBA district office
- Baltimore District Office
- Congressional district
- MD-7
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in Fine Arts Schools: $1,217,833.
- Average expansion loan in Maryland: $2,350,795.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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