NY firm posts bond to obtain PACA license

WASHINGTON, Jan. 10, 2026 – Smallhold, Inc., operating out of Brooklyn, NY, has posted a $50,000 surety bond with the U.S. Department of Agriculture (USDA).

The company was required under the Perishable Agricultural Commodities Act (PACA) to post the bond following its involvement in a bankruptcy.

The company posted the bond as a prerequisite for obtaining a new license to operate in the produce industry.

USDA will hold the bond for three years and nine months, providing assurance that the licensee will conduct business according to the PACA and will pay any reparation awards that may be issued against it in connection with the transactions occurring within the period the bond is held.

For further information, contact the PACA Investigative Enforcement Branch, at (202) 720-6873 or PACAInvestigations@usda.gov.

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Release No. 010-26