COVID Stimulus Watch Individual Entry

Recipient Company:
NUVERA COMMUNICATIONS, INC.
Loan or Loan Guarantee Amount:
$2,889,000

Recipient Details

Ownership Structure: publicly traded (ticker symbol NUVR)
Facility Street Address: 27 North MINNESOTA ST
Facility City: NEW ULM
Facility State: MN
Facility Zip Code: 56073
Facility Congressional District: MN-01

Award Details

Award Date: Apr 7, 2020
Award Type: loan
Jobs Reported at Time of Application: 197
PPP Lender: Citizens Bank Minnesota
Program Name: Paycheck Protection Program ($150,000 and up)
Legislation: CARES
Awarding Agency: Small Business Administration
Data Source for Award:
https://www.sec.gov/Archives/edgar/data/71557/000151316220000099/form10q...

Parent Company Data

Parent Company: Nuvera Communications, Inc.
Headquartered in: Minnesota
Parent Sector: telecommunications
Parent Industry: communications
Employees (prior to pandemic): 187

Accountability Issues Since 2010

Employment icon
Good Jobs First has no data in this category
Contracting icon
Good Jobs First has no data in this category
Environment icon
Good Jobs First has no data in this category
ConsumerProt icon
Good Jobs First has no data in this category
CEOpay icon
CEO Compensation: $112,240
Tax icon
Good Jobs First has no data in this category

Details on Accountability data sources

Accountability Issues

Covid Stimulus Watch provides accountability data on CARES Act recipients in the following categories:

Employment iconEmployment Issues

Tax iconTax / Subsidy Issues

Contracting iconContracting Issues

Environment iconEnvironment / Safety Issues

Consumer iconConsumer Protection Issues

CEO pay iconCEO Pay Issues