How much do SBA lenders typically lend to a research and development in biotechnology business?

The median SBA approval in NAICS 541714 is $250,000, with the middle 80% of loans between $40,000 and $2,016,000. Across all industries the median is $180,000.

Which lenders are most active in research and development in biotechnology?

By dollars approved: Mortgage Capital Development Corporation, California Statewide Certified Development Corporation, Newtek Bank, Live Oak Banking Company, Farmers and Merchants Bank. A lender's experience in your NAICS code matters - underwriters who have seen a hundred deals like yours ask better questions and move faster.

Is research and development in biotechnology considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 7.7% were charged off, versus 7.6% across all SBA lending. That is close to average.

NAICS 541714 · Professional Services

SBA loans for research and development in biotechnology

136 SBA loans worth $95.2M have been approved in this industry since FY2010 - the #616 most-financed NAICS code in the country.

Median loan

$250,000

+39% vs all industries

Typical range

$40K-$2.0M

Middle 80%

Median rate

8.25%

7(a) initial note rate

Median term

10 yr

Charge-off rate

7.7%

vs 7.6% all industries

Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.

Lenders

Most active in this industry

Lender	Loans	Approved
Mortgage Capital Development Corporation	10	$23.3M
California Statewide Certified Development Corporation	4	$8.0M
Newtek Bank	8	$7.1M
Live Oak Banking Company	6	$6.5M
Farmers and Merchants Bank	1	$5.0M
Business Finance Capital	2	$3.9M
Bay Colony Development Corporation	2	$3.9M
Summit Bank	3	$3.6M
Hanover Community Bank	1	$3.1M
First Federal Bank	1	$2.6M

Geography

Where these loans were made

State	Loans	Share
California	33
Massachusetts	14
Florida	9
Texas	9
Washington	6
Illinois	6
Indiana	5
Colorado	5

Approvals by fiscal year

’14

’17

’18

’19

’20

’21

’22

’23

’24

’25

’26

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
11%
$50K - $150K
22%
$150K - $350K
24%
$350K - $1M
21%
$1M - $2M
12%
Over $2M
10%

Nearby

Other professional services industries

See the sector

Offices of Lawyers11,836 · $144,350 All Other Professional, Scientific, and Technical Services8,195 · $200,000 Veterinary Services7,303 · $514,600 Offices of Certified Public Accountants6,420 · $177,000 Engineering Services5,789 · $200,000 Administrative Management and General Management Consulting Services5,634 · $93,000 Custom Computer Programming Services5,171 · $150,000 Other Computer Related Services4,654 · $160,000

Common questions

How much do SBA lenders typically lend to a research and development in biotechnology business?: The median SBA approval in NAICS 541714 is $250,000, with the middle 80% of loans between $40,000 and $2,016,000. Across all industries the median is $180,000.
Which lenders are most active in research and development in biotechnology?: By dollars approved: Mortgage Capital Development Corporation, California Statewide Certified Development Corporation, Newtek Bank, Live Oak Banking Company, Farmers and Merchants Bank. A lender's experience in your NAICS code matters - underwriters who have seen a hundred deals like yours ask better questions and move faster.
Is research and development in biotechnology considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 7.7% were charged off, versus 7.6% across all SBA lending. That is close to average.

We are a publisher, not a lender or broker. We never take applications and are never paid by borrowers. Read the full disclosures.