{"ok":true,"canonical_url":"https://www.capbench.com/intelligence/research-and-development-in-biotechnology","api_url":"https://www.capbench.com/api/public/industries/research-and-development-in-biotechnology","data_freshness":{"sba_records_through":"2026-05-31","fdic_records_through":"2026-03-31","dealroom_last_updated":"2026-06-17","timezone":"America/Chicago"},"methodology":{"label":"Industry risk & acquisition-data methodology","url":"https://www.capbench.com/methodology/industry-risk"},"source_summary":["Public SBA 7(a) loan records","FDIC institution data","CapBench lender and franchise enrichment"],"industry":{"name":"Research and Development in Biotechnology","slug":"research-and-development-in-biotechnology","naics2":"54","business_count":3,"total_gross":1502900,"typical_financing":500967,"top_states":[{"state":"CA","state_name":"California","count":1,"url":"https://www.capbench.com/intelligence/research-and-development-in-biotechnology/california"},{"state":"MA","state_name":"Massachusetts","count":1,"url":"https://www.capbench.com/intelligence/research-and-development-in-biotechnology/massachusetts"},{"state":"OH","state_name":"Ohio","count":1,"url":"https://www.capbench.com/intelligence/research-and-development-in-biotechnology/ohio"}]},"caveats":["Informational only — figures are historical public SBA 7(a) loan records, not a current offer or loan approval.","Business locations are ZIP-area centroids; state scoping uses the project address on the public record."],"citation":{"label":"CapBench industry SBA intelligence","url":"https://www.capbench.com/intelligence/research-and-development-in-biotechnology","source_type":"CapBench Data"}}