I’m having the same issue.
npm runs the develop server correctly but I get the same infinite loading screen with that same error message, no errors in the console.
found this and it worked for me: Impossible to show admin page after local install · Issue #12010 · strapi/strapi · GitHub
run
npm run build
then
npm run develop
System Info
- Strapi Version: 4.0.4
- Operating System: Windows 10
- Database: SQLite
- Node Version: 16.13.2
- NPM Version: 8.3.0
- Yarn Version: 1.22.17