Nutrition Services: SomerCor SBA 504 – Agriculture Businesses Feature

Company Profile

Nutrition Services, Inc (NSI) was founded in 2003 when Matt and Andrea Dearwester purchased a Cargill plant on the West side of Carthage, IL to start a commercial swine feed production operation. NSI has a completely computerized milling system that produces strictly swine feed. They have the capability to handle Sal-Curb, a formaldehyde-based anti-microbial feed additive that is used to reduce the salmonella infection of the food chain, which makes NSI stand out in the feed mill industry.

SBA 504 Building Purchase & RenovationÂ

The Dearwester’s also own and operate Dearwester Grain Services, Inc. Between these two entities, there are 11 locations. The SBA 504 loan can be a great fit for agricultural businesses to purchase, expand, and refinance commercial real estate and heavy equipment. SomerCor has partnered with the Dearwester’s on three SBA 504 loans – including the construction of a grain bin elevator and the purchase of land and equipment from a retiring competitor.  The most recent project was the construction of a new feed processing mill for NSI. The location includes a 20-acre parcel of land with a 12,600 square foot industrial building. The Dearwester’s built the additional feed mill to meet growing demand, as their other Carthage mill location was already operating at capacity. 

Nutrition Services, Inc and Dearwester Grain Services are Open for Business!

Visit https://www.dearwestergrain.com/ or call (217) 357-2192 to learn more about their offerings. 

Download the program flyer and connect with a member of SomerCor’s loan origination team to learn more about how the SBA 504 loan program supports improved cash flow for small businesses.