SBA 7(a)/504 FOIA · FY1991–PRESENT · UTAH
Phillips 66 franchise in Utah: what the public record shows
Franchisees of Phillips 66 in Utah have taken 5 SBA loans in the FY1991–present FOIA files (average $568,600). Fewer than 30 of them were approved through FY2020 and have resolved, so no local loss ratio is published. Phillips 66's national ratio is 0.9× (not clearly different from 1.0×).
Loans in UT
5
Charged off (all years)
2 of 5
Loss ratio in UT
—
Loss ratio nationally (not clear)
0.9×
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = UT. Loss ratio = charge-offs among loans approved through FY2020 ÷ the charge-offs expected if each had defaulted at the national rate for franchise loans approved the same year; 1.0× is the same. Only charged-off and paid-in-full loans count. A ratio is shown at 30+ such loans; “not clear” marks a ratio chance alone could produce. The all-years count mixes every era and is evidence, not a rate to compare. Borrowers are matched to the brand by name and SBA franchise code; some matches may be wrong or missing.
Businesses in this industry
1,130
statewide, all operators
Per 100k residents
32.3
national 30.2
Versus the country
+7%
denser
Every business in Phillips 66's industry operating in Utah — franchised and independent — from the Census Bureau's County Business Patterns (2023), against 2024 population estimates. Counter-intuitively, density is not a warning: across the brand-state cells in the loan data, denser markets have historically charged off less often than the thinnest (see the research page). A crowded market is usually proven demand; an empty one is often empty for a reason.
Avg weekly wage, this industry
$875
Utah, BLS QCEW 2025
National average
$1,002
same industry, all states
Versus the country
-13%
cheaper to staff
What Phillips 66's industry actually pays workers in Utah, from the Bureau of Labor Statistics' Quarterly Census of Employment and Wages (2025), employment-weighted across counties. This cost signal is independent of the FDD: a market can look demand-rich above and still carry a margin headwind here if local wages run hot for the sector.
| System | Loans in UT | Charged off (all years) | Loss ratio in UT | Units in UT |
|---|---|---|---|---|
| BIG O TIRES | 58 | 1 of 38 | 0.2× | 52 |
| Grease Monkey | 17 | 0 of 11 | — | — |
| Aamco Transmissions | 12 | 0 of 9 | — | — |
| Chevron (Gas Station) | 11 | 2 of 11 | — | — |
| Matco Tools | 10 | 5 of 8 | — | — |
| Napa Auto Parts | 8 | 0 of 4 | — | — |
| Maaco | 7 | 0 of 6 | — | — |
| JIFFY LUBE | 5 | 0 of 5 | — | 79 |
| Meineke | 5 | 0 of 3 | — | — |
| Tire Pros | 5 | 0 of 2 | — | 17 |
Other systems in Phillips 66's sector whose franchisees borrowed in Utah. A loss ratio appears only where at least 30 loans approved through FY2020 have resolved; “—” means too few.
A broker is usually paid by the franchisor to place you. I'm paid only by you, never by a franchisor you're considering — and the job is pressure-testing Phillips 66’s numbers, including talking you out of a bad deal.