80 SBA loans have financed Phillips 66 locations since 1990, written by 57 different lenders across 22 states. Half were approved for $669K or less, the mix is a mix of 7(a) and 504, and 23% went to owners whose business was under two years old.
A lender that has already underwritten this brand knows the unit economics, the build-out costs, and the franchisor. That is worth more to you than a bigger bank starting from scratch.