How Much Can Research and Development in the Physical, Engineering, and Life Scienc Businesses Get in SBA Loans?
207 SBA loans totaling $62.2M have been approved for research and development in the physical, engineering, and life scienc businesses (NAICS 541712). The average approved SBA loan is $300K, which is 12% below avg the $340K national average. 85 active lenders fund this industry with a 12.9% default rate on the matured 2018-2021 loan cohort.
At 12.9%, Research and Development in the Physical, Engineering, and Life Scienc sits below the 15.4% all-industry SBA default rate (charged-off as a share of resolved loans) — moderate default risk relative to other SBA industries. Lenders price this risk into rate and structure, which is why matching the file to the right lender matters.
NAICS 541712 (Research and Development in the Physical, Engineering, and Life Scienc) received 207 SBA loans worth $62.2M across 5+ states. Average loan $300K, average term 110 months, 12.9% default rate (resolved-loan basis).85 active SBA-approved lenders fund this industry. Most research and development in the physical, engineering, and life scienc loans use the SBA 7(a) program. There are approximately 974,303 U.S. establishments in this industry (Census 2022).
Is SBA Lending Growing for Research and Development in the Physical, Engineering, and Life Scienc?-89% decline
Which SBA Program Do Research and Development in the Physical, Engineering, and Life Scienc Businesses Use Most?
What Is the Best SBA Loan for Research and Development in the Physical, Engineering, and Life Scienc?
The most widely used SBA program for research and development in the physical, engineering, and life scienc businesses — flexible terms, multiple use cases
Where Are Research and Development in the Physical, Engineering, and Life Scienc SBA Loans Most Common?
Top SBA Lenders for Research and Development in the Physical, Engineering, and Life Scienc
These banks have funded the most SBA loans for research and development in the physical, engineering, and life scienc businesses (NAICS 541712). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | Wells Fargo Bank National Association(SD) | 30 | $8.8M |
| 2 | Manufacturers and Traders Trust Company(NY) | 15 | $4.0M |
| 3 | The Huntington National Bank(OH) | 9 | $3.3M |
| 4 | U.S. Bank, National Association(OH) | 8 | $166K |
| 5 | Citizens Bank, National Association(RI) | 7 | $920K |
Research and Development in the Physical, Engineering, and Life Scienc Industry Context
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PeerSense places SBA loans for research and development in the physical, engineering, and life scienc businesses nationwide. We match you with the right capital source — no retainers, referral fee at closing.
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How Does SBA Lending Work for Research and Development in the Physical, Engineering, and Life Scienc Businesses?
Across all SBA loan programs, 207 loans have been approved for businesses classified under NAICS 541712 (Research and Development in the Physical, Engineering, and Life Scienc), representing $62.2M in total capital deployed. The average approved loan of $300K is 12% below avg the national SBA average of $340K, with typical repayment terms of 110 months.
SBA lending for research and development in the physical, engineering, and life scienc has contracted approximately 89% over recent fiscal years. This shift may reflect changing market conditions, industry consolidation, or tightening credit standards in this sector. However, 85 lenders remain active, maintaining competitive options for qualified borrowers.
The industry sees a balanced mix of SBA programs, with 14% of loans using the 504 program for fixed asset acquisition and the majority using 7(a) for its flexibility across working capital, equipment, and business acquisition uses. SBA 7(a) loans offer up to $5M with terms up to 25 years for real estate.
PeerSense specializes in matching research and development in the physical, engineering, and life scienc business owners with the capital sources most likely to approve their specific deal structure. As an advisory firm (not a lender), we structure your deal across our network of 500+ SBA-approved lenders to find the best terms — our referral fee is established upfront and paid at closing. No retainers.
Frequently Asked Questions — Research and Development in the Physical, Engineering, and Life Scienc SBA Loans
What is the average SBA loan size for research and development in the physical, engineering, and life scienc businesses?
Which SBA loan program is best for a research and development in the physical, engineering, and life scienc business?
How many lenders fund SBA loans for research and development in the physical, engineering, and life scienc?
What states have the most SBA lending for research and development in the physical, engineering, and life scienc?
How does PeerSense help research and development in the physical, engineering, and life scienc businesses get SBA loans?
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Data aggregated from SBA loan records (1992–2025). Research and Development in the Physical, Engineering, and Life Scienc defined by NAICS code 541712. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.