$3.2 Million State Loan For Nirvana Water
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.