MARYLAND · NAICS No dedicated NAICS; 812990 proxy segment
Maryland event venue deals run through the Chesapeake waterfront wedding corridor and the Capital-region corporate market, one of the mid-Atlantic's densest venue economies. Booking-pace and seasonality projections drive lender study requirements, and the CDC record reaches family entertainment through an undated Westminster amusement center financing.
FEASIBILITY TRIGGER
Booking-pace and seasonality projections drive lender study requirements on event venue deals.
Maryland generated 81 SBA-disbursed event venue loans between FY2010 and FY2026, worth $16.6 million in approved 7(a) and 504 financing at an average of $205,000 per deal. Ranked #21 of 38 states for event venue SBA volume, the state captures 0.8% of national event venue dollars. 97.5% of the loans ran through 7(a) with 504 covering the remainder; 24 approvals have posted since FY2024.
| Disbursed loans (FY2010–FY2026) | 81 |
| Approved volume | $16.6 million |
| Average loan size | $205,000 |
| 7(a) share | 97.5% |
| Approvals since FY2024 | 24 |
| State rank by loan count | #21 of 38 |
We do not publish a state-level adverse-resolution rate for this segment: no NAICS code isolates event venues, so we rely on the national event-services segment (NAICS 812990 proxy pool). Nationally, seasoned event venue loans (approvals FY2010–FY2021) show an adverse-resolution rate of 8.3%, against 7.3% across all industries.
Source: SBA 7(a) and 504 FOIA loan-level data, as of March 31, 2026. Disbursed loans only. See data methodology.
Event venues sit outside a clean NAICS code, so lenders lean harder on documented booking pace, seasonality, and average event spend inside the feasibility study. At a national proxy adverse-resolution rate of 8.3% against 7.3% across all industries, credit committees treat this class as a projection-driven decision, and a rigorous third-party study is the report that carries the credit conversation. Maryland's 81 loans at an average of $205,000 sit inside that same national frame.
Benchmark labeled as the national event-services segment (NAICS 812990 proxy pool).
Every Maryland event venues project we underwrite follows the same lender ready process: independent market analysis, site and technical review, and financial projections tested against SBA SOP 50 10 8 standards. Our SBA feasibility study consultants guide explains scope, timing, deliverables, and what lenders and CDCs expect in the report.
Maryland projects often pencil under SBA 504 because the 50/40/10 structure delivers up to 90 percent financing on owner-occupied real estate at a fixed debenture rate, and SBA 7(a) covers acquisitions, working capital, and equipment. From July 4, 2026 eligible borrowers can combine 7(a) and 504 for up to $10 million in total program credit.
The Chesapeake waterfront wedding corridor and the Capital-region corporate market anchor one of the mid-Atlantic's densest venue economies, and the CDC record reaches family entertainment through an undated Westminster amusement center financing.
For a national view of this asset class, see our event venue SBA feasibility overview, and read our related analysis in the event venue lending research on our blog.
Compare neighboring markets: Maine, Massachusetts, Texas.
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