| $150,000–350,000 | LIONS WOOD BANQUET FURNITURE LLC | BALTIMORE, MD | Sandy Spring Bank |
| $150,000–350,000 | LISA K. FEULNER M.D. PH.D. P.A. | Bel Air, MD | Sandy Spring Bank |
| $150,000–350,000 | LISA K. FEULNER, M.D., PH.D, P.A. | BEL AIR, MD | Sandy Spring Bank |
| $350,000–1 million | LISA RENFRO MD PA | ANNAPOLIS, MD | Sandy Spring Bank |
| $150,000–350,000 | LIVING WORD INTERNATIONAL CHRISTIAN CHURCH | Silver Spring, MD | Sandy Spring Bank |
| $150,000–350,000 | LIVING WORD INTERNATIONAL CHRISTIAN CHURCH | SILVER SPRING, MD | Sandy Spring Bank |
| $350,000–1 million | LIVINRITE INC. | MANASSAS, VA | Sandy Spring Bank |
| $150,000–350,000 | LKC TECHNOLOGIES INC. | Gaithersburg, MD | Sandy Spring Bank |
| $150,000–350,000 | LKC TECHNOLOGIES, INC. | GAITHERSBURG, MD | Sandy Spring Bank |
| $350,000–1 million | LOANE BROS. INC. | Towson, MD | Sandy Spring Bank |
| $350,000–1 million | LOANE BROS. INC. | TOWSON, MD | Sandy Spring Bank |
| $350,000–1 million | LOCUST HEALTH SOLUTIONS, LLC | WASHINGTON, DC | Sandy Spring Bank |
| $350,000–1 million | LOGO VISION LLC | GAITHERSBURG, MD | Sandy Spring Bank |
| $350,000–1 million | LOGO VISION LLC | Gaithersburg, MD | Sandy Spring Bank |
| $2–5 million | LONG FENCE AND HOME LLLP | Beltsville, MD | Sandy Spring Bank |
| $2–5 million | LONG FENCE AND HOME, LLLP | BELTSVILLE, MD | Sandy Spring Bank |
| $2–5 million | LONG FENCE COMPANY INC. | CAPITOL HEIGHTS, MD | Sandy Spring Bank |
| $150,000–350,000 | LONG'S CORPORATION | FAIRFAX, VA | Sandy Spring Bank |
| $150,000–350,000 | LOUDOUN AUTO PARTS INC | STERLING, VA | Sandy Spring Bank |
| $150,000–350,000 | LS ASSOCIATES | ROCKVILLE, MD | Sandy Spring Bank |
| $150,000–350,000 | LSG LANDSCAPE ARCHITECTURE INC | MC LEAN, VA | Sandy Spring Bank |
| $150,000–350,000 | LUPOSELLO AND MARZBAN ORTHODONTICS PC | McLean, VA | Sandy Spring Bank |
| $150,000–350,000 | LUX INC. | Hyattsville, MD | Sandy Spring Bank |
| $150,000–350,000 | LUX, INC. | HYATTSVILLE, MD | Sandy Spring Bank |
| $150,000–350,000 | LYNCH'S FOOD AND BEVERAGE | Severna Park, MD | Sandy Spring Bank |
| $150,000–350,000 | LYNCH'S FOOD AND BEVERAGE LLC | SEVERNA PARK, MD | Sandy Spring Bank |
| $350,000–1 million | M & M BEDDING LLC | Baltimore, MD | Sandy Spring Bank |
| $150,000–350,000 | MAC MANNES INC. | BETHESDA, MD | Sandy Spring Bank |
| $150,000–350,000 | MAC MANNES INC. | Bethesda, MD | Sandy Spring Bank |
| $150,000–350,000 | MACE MEDICAL LLC | ESSEX, MD | Sandy Spring Bank |
| $150,000–350,000 | MACKS RESTAURANT, INC., MACKS MANAGEMENT COMPANY NO.1 LLC, M | SEVERNA PARK, MD | Sandy Spring Bank |
| $350,000–1 million | MACKS RESTAURANTS INC | Glen Burnie, MD | Sandy Spring Bank |
| $150,000–350,000 | MACPEAK LANDSCAPING, INC. | SILVER SPRING, MD | Sandy Spring Bank |
| $150,000–350,000 | MADISON HOUSE AUTISM FOUNDATION INC. | Rockville, MD | Sandy Spring Bank |
| $150,000–350,000 | MADISON HOUSE AUTISM FOUNDATION, INC. | GAITHERSBURG, MD | Sandy Spring Bank |
| $150,000–350,000 | MAGAZZINE CLEAN LLC | Lansdowne, VA | Sandy Spring Bank |
| $150,000–350,000 | MAGAZZINE CLEAN LLC | LEESBURG, VA | Sandy Spring Bank |
| $150,000–350,000 | MAGGIO ROOFING & GENERAL CONTRACTING INC. | Takoma Park, MD | Sandy Spring Bank |
| $150,000–350,000 | MAGGIO ROOFING & GENERAL CONTRACTING INC. | TAKOMA PARK, MD | Sandy Spring Bank |
| $350,000–1 million | MAHLET CONSULTING INC | Burtonsville, MD | Sandy Spring Bank |
| $350,000–1 million | MAHLET CONSULTING INC. | BURTONSVILLE, MD | Sandy Spring Bank |
| $350,000–1 million | MAINSCAPES, INC | ASHTON, MD | Sandy Spring Bank |
| $350,000–1 million | MAISEL BROTHERS INC | GLEN BURNIE, MD | Sandy Spring Bank |
| $1–2 million | MALLICK MECHANICAL CONTRACTORS INC. | Gaithersburg, MD | Sandy Spring Bank |
| $1–2 million | MALLICK MECHANICAL CONTRACTORS INC. | GAITHERSBURG, MD | Sandy Spring Bank |
| $350,000–1 million | MALLICK PLUMBING & HEATING, INC. | GAITHERSBURG, MD | Sandy Spring Bank |
| $350,000–1 million | MANAGEMENT INFORMATION TECHNOLOGY CORPORATION | POTOMAC, MD | Sandy Spring Bank |
| $2–5 million | MANDERS DECORATING COMPANY INC. | ROCKVILLE, MD | Sandy Spring Bank |
| $1–2 million | MANUFACTURING ENGINEERING SYSTEMS, INC | ROCKVILLE, MD | Sandy Spring Bank |
| $150,000–350,000 | MAR-G, INC. | LANHAM, MD | Sandy Spring Bank |
| $350,000–1 million | MARINES PLUMBING | Manassas, VA | Sandy Spring Bank |
| $350,000–1 million | MARINES PLUMBING | MANASSAS, VA | Sandy Spring Bank |
| $150,000–350,000 | MARITIME COFFEE TIME, KENT ISLAND LLC | STEVENSVILLE, MD | Sandy Spring Bank |
| $150,000–350,000 | MARITIME COFFEE TIME, LLC | ANNAPOLIS, MD | Sandy Spring Bank |
| $350,000–1 million | MARKPOINT TECHNOLOGIES, LLC | ELLICOTT CITY, MD | Sandy Spring Bank |
| $1–2 million | MARTHA'S TABLE INC. | WASHINGTON, DC | Sandy Spring Bank |
| $350,000–1 million | MARTIN GREENBAUM COMPANY INC. | Baltimore, MD | Sandy Spring Bank |
| $150,000–350,000 | MARTIN GREENBAUM COMPANY LLC | Baltimore, MD | Sandy Spring Bank |
| $350,000–1 million | MARTIN GREENBAUM COMPANY, INC. | WINDSOR MILL, MD | Sandy Spring Bank |
| $150,000–350,000 | MARTIN GREENBAUM COMPANY, LLC | WINDSOR MILL, MD | Sandy Spring Bank |
| $150,000–350,000 | MARYLAND CHILD SERVICES INC. | Silver Spring, MD | Sandy Spring Bank |
| $150,000–350,000 | MARYLAND CHILD SERVICES, INC. | SILVER SPRING, MD | Sandy Spring Bank |
| $150,000–350,000 | MARYLAND COALITION AGAINST SEXUAL ASSAULT | ARNOLD, MD | Sandy Spring Bank |
| $1–2 million | MARYLAND FOOD BANK, INC | HALETHORPE, MD | Sandy Spring Bank |
| $150,000–350,000 | MARYLAND HALL FOR THE CREATIVE ARTS. INC. | ANNAPOLIS, MD | Sandy Spring Bank |
| $150,000–350,000 | MARYLAND HALL FOR THE CREATIVE ARTS. INC. | Annapolis, MD | Sandy Spring Bank |
| $150,000–350,000 | MARYLAND SPECTRAL SERVICES INC | HALETHORPE, MD | Sandy Spring Bank |
| $350,000–1 million | MASCARI INC | GAITHERSBURG, MD | Sandy Spring Bank |
| $350,000–1 million | MASCARI INC | Gaithersburg, MD | Sandy Spring Bank |
| $350,000–1 million | MASTER CARE FLOORING INC. | Baltimore, MD | Sandy Spring Bank |
| $350,000–1 million | MASTER CARE FLOORING, INC. | BALTIMORE, MD | Sandy Spring Bank |
| $350,000–1 million | MATTRESS TECH ENTERPRISES OF NORTH CAROLINA LLC | THOMASVILLE, NC | Sandy Spring Bank |
| $350,000–1 million | MAVENSPIRE, INC. | ANNAPOLIS, MD | Sandy Spring Bank |
| $150,000–350,000 | MAXIMUM PERFORMANCE PHYSICAL THERAPY | Laurel, MD | Sandy Spring Bank |
| $150,000–350,000 | MAXIMUM PERFORMANCE PHYSICAL THERAPY INC | LAUREL, MD | Sandy Spring Bank |
| $150,000–350,000 | MBM SERVICES, INC | ROCKVILLE, MD | Sandy Spring Bank |
| $150,000–350,000 | MCCARL DENTAL GROUP AT SHIPLEYS CHOICE, PC | MILLERSVILLE, MD | Sandy Spring Bank |
| $150,000–350,000 | MCCARL DENTAL GROUP PC | Greenbelt, MD | Sandy Spring Bank |
| $150,000–350,000 | MCCARL DENTAL GROUP, PC | GREENBELT, MD | Sandy Spring Bank |
| $350,000–1 million | MCCARTHY WILSON LLP | ROCKVILLE, MD | Sandy Spring Bank |
| $150,000–350,000 | MCFLYS INC | Frederick, MD | Sandy Spring Bank |
| $150,000–350,000 | MCFLYS INC | FREDERICK, MD | Sandy Spring Bank |
| $150,000–350,000 | MCHENRY PRESSURE CLEANING SYSTEMS, INC | FREDERICK, MD | Sandy Spring Bank |
| $1–2 million | MCLEAN BIBLE CHURCH | VIENNA, VA | Sandy Spring Bank |
| $150,000–350,000 | MDM OFFICE SYSTEMS | WASHINGTON, DC | Sandy Spring Bank |
| $150,000–350,000 | MDM OFFICE SYSTEMS | Washington, DC | Sandy Spring Bank |
| $150,000–350,000 | MEAD TREE & TURF CARE INC. | Woodbine, MD | Sandy Spring Bank |
| $150,000–350,000 | MEAD TREE & TURF INC. | WOODBINE, MD | Sandy Spring Bank |
| $150,000–350,000 | MEADOWBROOK FOUNDATION INC. | Chevy Chase, MD | Sandy Spring Bank |
| $150,000–350,000 | MEADOWBROOK FOUNDATION, INC. | CHEVY CHASE, MD | Sandy Spring Bank |
| $350,000–1 million | MECHANICAL DESIGN SYSTEMS, INC | CLINTON, MD | Sandy Spring Bank |
| $150,000–350,000 | MECHANICAL SERVICES INDUSTRIES LLC | Frederick, MD | Sandy Spring Bank |
| $150,000–350,000 | MECHANICAL SERVICES INDUSTRIES, LLC | FREDERICK, MD | Sandy Spring Bank |
| $350,000–1 million | MECHANICAL SYSTEMS INC | Columbia, MD | Sandy Spring Bank |
| $350,000–1 million | MECHANICAL SYSTEMS INC | COLUMBIA, MD | Sandy Spring Bank |
| $150,000–350,000 | MEDALLION FINANCIAL STRATEGIES INC | GAITHERSBURG, MD | Sandy Spring Bank |
| $350,000–1 million | MEGALOS CORPORATION | ANNAPOLIS, MD | Sandy Spring Bank |
| $2–5 million | MELE ASSOCIATES, INC. | ROCKVILLE, MD | Sandy Spring Bank |
| $150,000–350,000 | MENOCAL MEDICAL SERVICES, P.A. | FREDERICK, MD | Sandy Spring Bank |
| $350,000–1 million | MENTAL HEALTH ASSOCIATION OF FREDERICK COUNTY, INC | FREDERICK, MD | Sandy Spring Bank |