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$3.2 Million State Loan For Nirvana Water

Luke Tubia, WIBX

A local business will be expanding with some help from New York State.

State Comptroller Thomas DiNapoli was in Boonville today to announce a $3.2 million loan from the state’s Common Retirement Fund to Nirvana Water.

With the loan and other funding sources, Nirvana has purchased a high speed bottling line that will produce 12-million cases of bottled water a year and increase their workforce by 50 people.

The company currently has more that 100 employees.

The loan is the1,000 granted to small businesses in the state since 1987.

DiNapoli Talks With WIBX

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