It would make a great loader tractor. I think the 1030 only had 1000 PTO, factory. You can put the 540 on it with out any trouble. I would put a Dual 3100 or something like that on, but those are what are popular around here. About any of the quality loaders will work.
The 1030, factory is about 105 horse, and can be turned up quite a bit, so you are going to want a better quality loader.
Just my thinking.