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Paragon Collegiate - Marysville, California

1370800361851
  • Financing: Taxable Loan
  • Role: Financial Advisor
  • Amount: $1,600,000
  • Rating: None

Paragon Collegiate Academy in Marysville, California successfully acquired a 17,314 sq. ft former church located on 1.65 acres of land to serve as their school facility. Paragon is a single-site community-based public charter school serving grades K-8. The school seeks to provide all students with rigorous standards-based instruction that will provide the individual learner with a holistic and comprehensive college preparatory education in a civic minded, character rich, small school environment. Choice Advisors served as Paragon’s financial advisor on the $1,600,000 taxable loan to finance this project. The loan proceeds will fund the acquisition of the property, pay for renovations to bring the facility up to code and pay for real estate and issuance costs.

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