News Release PRESS OFFICE WISCONSIN
SBA Announces Full Compass Systems is Part of ‘SBA 100’
SBA 100 highlights businesses that are growing, creating jobs with SBA assistance
Fully Compass Systems, located in Madison, WI is one of the SBA 100 companies. Full Compass, a nationwide mail-order company that specializes in professional audio, professional video, A/V, lighting and musical instrument sales, was announced as part of the ‘SBA 100.’ After receiving an SBA loan, the company increased revenue, expanded their facility, and hired 185 employees.
The SBA 100 features one hundred businesses that have created at least 100 jobs since receiving SBA assistance. Descriptions and a photograph gallery of Full Compass can be found at www.sba.gov/sba-100/full-compass-systems. Each of the SBA 100 companies can be found at www.sba.gov/100.
"While we are busy helping small firms start and grow every day, it’s important that we celebrate the job creation produced by firms that received SBA assistance like Full Compass," says SBA Regional Administrator Marianne Markowitz, "We are truly proud of this company's success and the role we played in it".
“Full Compass Systems is an example of how small business growth creates jobs helping the U.S. economy. SBA is proud to have played a role in their growth”, said Eric Ness, Wisconsin SBA District Director.
The SBA 100 companies include businesses in a variety of industries, from manufacturing, to food and beverage, to shipping. Each business received SBA support in the form of capital, contracting, counseling, or investment before going on to create at least 100 jobs.
The SBA provides small businesses with the tools and resources they need to grow and create jobs. The SBA 100 is a cross-section of the diverse array of businesses that stand to benefit from SBA assistance. With the help of SBA, the SBA 100 companies have succeeded and created thousands of jobs across America.