WASHINGTON, Jan. 10, 2026 – Smallhold, Inc., operating out of Brooklyn, N.Y., 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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The PACA Division, which is in the Fair Trade Practices Program in the Agricultural Marketing Service, regulates fair trading practices of produce businesses that are operating subject to PACA, including buyers, sellers, commission merchants, dealers and brokers within the fruit and vegetable industry.
USDA is an equal opportunity provider, employer, and lender.