American Business Bank on Wednesday announced the opening of a San Fernando Valley loan production office.

The new office is at 21800 Oxnard Street, Suite 1140, in Woodland Hills, the company said in a statement. The company has six other loan production offices, including another in Woodland Hills.

“The new office space expansion is a great indication of our continued growth and market focused service,” said Jeff Munson, regional vice president of American Business Bank’s San Fernando Valley chapter. “We are pleased with the new space and look forward to escalating our position and service in the greater Valley area.”

American Business Bank is based in Los Angeles. Its clients include wholesalers, manufacturers, service businesses, professionals and non-profits.