New York firm obtains PACA license following bankruptcy
New York firm obtains PACA license following bankruptcy
Smallhold Inc., operating out of Brooklyn, NY, has posted a $50,000 surety bond with the U.S. Department of Agriculture.
The company was required to post the bond under the Perishable Agricultural Commodities Act 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.