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SAC BANK DUG HOLE ON TRUCK LOANS - Storm Lake Times Pilot

Summary by Storm Lake Times
The purchaser of a failed Sac City bank sued Pyle Transportation of Schaller, alleging the trucking company owes over $2.9 million in loans issued over the last five years. Iowa Trust & Savings Bank of Emmetsburg asked a judge to issue judgments against Justin Pyle, Rhonda Pyle, Brian Pyle, Michael Pyle, Pyle Transportation and Schaller Fertilizer Company for an estimated $2.92 million in outstanding loan balances, late fees and interest. Iowa T…
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Storm Lake Times broke the news in on Friday, March 29, 2024.
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