Hana Financial to Sell its SBA Portfolio to OP Bancorp
LOS ANGELES--(BUSINESS WIRE)--Hana Small Business Lending, Inc. (“HSBL”), a wholly-owned subsidiary of Hana Financial, Inc. (“Hana Financial”), and OP Bancorp (NASDAQ:OPBK), parent company of Open Bank, announce the signing of an asset purchase agreement pursuant to which OP Bancorp will acquire HSBL’s SBA portfolio. HSBL is a fully integrated national SBA origination and servicing platform. Its team has originated nearly $1 billion of SBA loans since its inception and has consistently produced
Hana Financial to Sell its SBA Portfolio to OP Bancorp
LOS ANGELES--(BUSINESS WIRE)--Hana Small Business Lending, Inc. (“HSBL”), a wholly-owned subsidiary of Hana Financial, Inc. (“Hana Financial”), and OP Bancorp (NASDAQ:OPBK), parent company of Open Bank, announce the signing of an asset purchase agreement pursuant to which OP Bancorp will acquire HSBL’s SBA portfolio. HSBL is a fully integrated national SBA origination and servicing platform. Its team has originated nearly $1 billion of SBA loans since its inception and has consistently produced