| $350,000–1 million | PALMER BROTHERS PAINTING CONTRACTORS, INC. | SILVER SPRING, MD | Sandy Spring Bank |
| $150,000–350,000 | PANDO ALLIANCE, LLC | ELLICOTT CITY, MD | Sandy Spring Bank |
| $150,000–350,000 | PARENTS FOR MONTESSORI EDUCATION INC | Annapolis, MD | Sandy Spring Bank |
| $150,000–350,000 | PARENTS FOR MONTESSORI EDUCATION INC | ANNAPOLIS, MD | Sandy Spring Bank |
| $150,000–350,000 | PARK HEIGHTS HEALTH SERVICES, INC | PIKESVILLE, MD | Sandy Spring Bank |
| $150,000–350,000 | PARTNERS IN CARE MARYLAND INC | Pasadena, MD | Sandy Spring Bank |
| $150,000–350,000 | PARTNERS IN CARE MARYLAND, INC. | PASADENA, MD | Sandy Spring Bank |
| $350,000–1 million | PARTNERSHIP FOR A HEALTHIER AMERICA INC | Washington, DC | Sandy Spring Bank |
| $350,000–1 million | PARTNERSHIP FOR A HEALTHIER AMERICA INC. | WASHINGTON, DC | Sandy Spring Bank |
| $150,000–350,000 | PATEL'S LLC | Laurel, MD | Sandy Spring Bank |
| $150,000–350,000 | PATEL'S LLC | LAUREL, MD | Sandy Spring Bank |
| $150,000–350,000 | PAUL D. SCHWARTZMAN, D.M.D., P.A. | ROCKVILLE, MD | Sandy Spring Bank |
| $350,000–1 million | PAUL J. RACH INC | MIDDLE RIVER, MD | Sandy Spring Bank |
| $350,000–1 million | PAUL J. RACH INC | Baltimore, MD | Sandy Spring Bank |
| $150,000–350,000 | PAYBRIDGE LLC | STRONGSVILLE, OH | Sandy Spring Bank |
| $150,000–350,000 | PBA DILLS INC | FREDERICK, MD | Sandy Spring Bank |
| $150,000–350,000 | PBA DILLS INC | Frederick, MD | Sandy Spring Bank |
| $2–5 million | PCASI HOLDINGS LLC | CROFTON, MD | Sandy Spring Bank |
| $150,000–350,000 | PEAK INCORPORATED | COLUMBIA, MD | Sandy Spring Bank |
| $150,000–350,000 | PEANUT FOODS, INC. | MILLERSVILLE, MD | Sandy Spring Bank |
| $350,000–1 million | PEDIATRIC GROUP LLC | Crofton, MD | Sandy Spring Bank |
| $350,000–1 million | PEDIATRIC GROUP, LLC | CROFTON, MD | Sandy Spring Bank |
| $150,000–350,000 | PEMS SERVICE & REPAIR,INC | EDGEWATER, MD | Sandy Spring Bank |
| $150,000–350,000 | PENDER PET RETREAT AT DULLES GATEWAY LTD. | Chantilly, VA | Sandy Spring Bank |
| $150,000–350,000 | PENDER PET RETREAT AT DULLES GATEWAY, LTD. | CHANTILLY, VA | Sandy Spring Bank |
| $150,000–350,000 | PERFECT FIT WINDOW FASHIONS INC | GAITHERSBURG, MD | Sandy Spring Bank |
| $1–2 million | PERFECT SETTINGS, LLC | Landover, MD | Sandy Spring Bank |
| $1–2 million | PERFECT SETTINGS, LLC | HYATTSVILLE, MD | Sandy Spring Bank |
| $150,000–350,000 | PERMIRA CONSTRUCTION LLC | BALTIMORE, MD | Sandy Spring Bank |
| $150,000–350,000 | PERMIRA PROPERTY MANAGEMENT, LLC | BALTIMORE, MD | Sandy Spring Bank |
| $150,000–350,000 | PETE STORE DELAWARE LLC | SEAFORD, DE | Sandy Spring Bank |
| $1–2 million | PETERBILT OF BALTIMORE LLC | BALTIMORE, MD | Sandy Spring Bank |
| $2–5 million | PETERBILT OF KNOXVILLE INC | KNOXVILLE, TN | Sandy Spring Bank |
| $1–2 million | PETERBILT OF RICHMOND INC | RICHMOND, VA | Sandy Spring Bank |
| $350,000–1 million | PETROLEUM RECOVERY & REMEDIATION MANAGEMENT, INC. | CROFTON, MD | Sandy Spring Bank |
| $350,000–1 million | PGC LANDSCAPE LLC | FREDERICK, MD | Sandy Spring Bank |
| $350,000–1 million | PGC LANDSCAPE LLC | Frederick, MD | Sandy Spring Bank |
| $150,000–350,000 | PHILIP D PHILBIN DDS AND ORAANN REINHEIMER DMD MA | ANNAPOLIS, MD | Sandy Spring Bank |
| $150,000–350,000 | PHILLIP CHANG MD PLLC | LEESBURG, VA | Sandy Spring Bank |
| $150,000–350,000 | PHILLIP CHANG MD PLLC | Leesburg, VA | Sandy Spring Bank |
| $350,000–1 million | PHILLIPS REALTY CAPITAL CORPORATION | BETHESDA, MD | Sandy Spring Bank |
| $350,000–1 million | PHILLIPS REALTY CAPITAL CORPORATION | Bethesda, MD | Sandy Spring Bank |
| $150,000–350,000 | PHILMAC, INC. | ANNAPOLIS, MD | Sandy Spring Bank |
| $350,000–1 million | PHOENIX ELECTRICAL TECHNOLOGIES, INC. | GAITHERSBURG, MD | Sandy Spring Bank |
| $350,000–1 million | PHOENIX ENGINEERING INC. | Parkton, MD | Sandy Spring Bank |
| $350,000–1 million | PHOENIX ENGINEERING, INC. | PARKTON, MD | Sandy Spring Bank |
| $350,000–1 million | PHYSICIANS MEDICAL BILLING, INC | WHITE MARSH, MD | Sandy Spring Bank |
| $350,000–1 million | PHYSICIANS MEDICAL BILLING, INC | White Marsh, MD | Sandy Spring Bank |
| $150,000–350,000 | PIANO CRAFT, LLC | Gaithersburg, MD | Sandy Spring Bank |
| $150,000–350,000 | PIANO CRAFT, LLC | GAITHERSBURG, MD | Sandy Spring Bank |
| $150,000–350,000 | PIERO'S CORNER | Herndon, VA | Sandy Spring Bank |
| $150,000–350,000 | PIERO'S CORNER LLC | HERNDON, VA | Sandy Spring Bank |
| $350,000–1 million | PIPING AND CORROSION SPECIALTIES INC. | Millersville, MD | Sandy Spring Bank |
| $350,000–1 million | PIPING AND CORROSION SPECIALTIES, INC. | MILLERSVILLE, MD | Sandy Spring Bank |
| $2–5 million | PLAMONDON ENTERPRISES INC | FREDERICK, MD | Sandy Spring Bank |
| $1–2 million | PLAMONDON HOSPITALITY PARTNERS LLC | FREDERICK, MD | Sandy Spring Bank |
| $1–2 million | PLAMONDON HOSPITALITY PARTNERS LLC | Frederick, MD | Sandy Spring Bank |
| $2–5 million | PLANET DEPOS LLC | Rockville, MD | Sandy Spring Bank |
| $1–2 million | PLANET DEPOS LLC | ROCKVILLE, MD | Sandy Spring Bank |
| $350,000–1 million | PLEASANT VIEW NURSING HOME OF MT. AIRY INC. | Mount Airy, MD | Sandy Spring Bank |
| $350,000–1 million | PLEASANT VIEW NURSING HOME OF MT. AIRY, INC. | MOUNT AIRY, MD | Sandy Spring Bank |
| $150,000–350,000 | PLUS ONE - MIDATLANTIC CO. INC. | Largo, MD | Sandy Spring Bank |
| $150,000–350,000 | PLUS ONE - MIDATLANTIC CO., INC. | UPPER MARLBORO, MD | Sandy Spring Bank |
| $2–5 million | POLLIN/MILLER HOSPITALITY STRATEGIES, INC. | Chevy Chase, MD | Sandy Spring Bank |
| $1–2 million | POLLIN/MILLER HOSPITALITY STRATEGIES, INC. | CHEVY CHASE, MD | Sandy Spring Bank |
| $150,000–350,000 | POOL PERSONNEL, INC. | POTOMAC, MD | Sandy Spring Bank |
| $350,000–1 million | POOLE MECHANICAL CORPORATION | DAVIDSONVILLE, MD | Sandy Spring Bank |
| $350,000–1 million | POOLE MECHANICAL CORPORATION | Davidsonville, MD | Sandy Spring Bank |
| $350,000–1 million | POPULATION ACTION INTERNATIONAL | WASHINGTON, DC | Sandy Spring Bank |
| $150,000–350,000 | PORTER SUITES LLC | Falls Church, VA | Sandy Spring Bank |
| $150,000–350,000 | PORTER SUITES, LLC | FALLS CHURCH, VA | Sandy Spring Bank |
| $350,000–1 million | POTOMAC DISTILLING COMPANY LLC | Washington, DC | Sandy Spring Bank |
| $350,000–1 million | POTOMAC DISTILLING COMPANY LLC | WASHINGTON, DC | Sandy Spring Bank |
| $1–2 million | POTOMAC FOODS COMPANY II, INC. | GAITHERSBURG, MD | Sandy Spring Bank |
| $1–2 million | POTOMAC FOODS COMPANY III, INC. | GAITHERSBURG, MD | Sandy Spring Bank |
| $350,000–1 million | POTOMAC MANAGEMENT SOLUTIONS, LLC | WOODBRIDGE, VA | Sandy Spring Bank |
| $350,000–1 million | POTOMAC MANAGEMENT SOLUTIONS, LLC | Woodbridge, VA | Sandy Spring Bank |
| $350,000–1 million | POTOMAC VALLEY BUILDERS LLC | Bethesda, MD | Sandy Spring Bank |
| $350,000–1 million | POTOMAC VALLEY BUILDERS, LLC | BETHESDA, MD | Sandy Spring Bank |
| $2–5 million | POWELL RECOVERY CENTER, INC. | BALTIMORE, MD | Sandy Spring Bank |
| $350,000–1 million | POWER SYSTEMS ELECTRIC CORPORATION | ROCKVILLE, MD | Sandy Spring Bank |
| $350,000–1 million | POWER SYSTEMS ELECTRIC CORPORATION | Rockville, MD | Sandy Spring Bank |
| $150,000–350,000 | POWER TRANSPORT SYSTEMS LLC. | GAITHERSBURG, MD | Sandy Spring Bank |
| $150,000–350,000 | POWER TRANSPORT SYSTEMS LLC. | Gaithersburg, MD | Sandy Spring Bank |
| $150,000–350,000 | POWERMEANS ELECTRICAL CONTRACTING INC | ANNAPOLIS, MD | Sandy Spring Bank |
| $150,000–350,000 | POWERMEANS ELECTRICAL CONTRACTING INC | Annapolis, MD | Sandy Spring Bank |
| $150,000–350,000 | PRATA CONSTRUCTION, INC. | WOODBINE, MD | Sandy Spring Bank |
| $150,000–350,000 | PRECISION AUTOMATION, LLC | FREDERICK, MD | Sandy Spring Bank |
| $150,000–350,000 | PRECISION CONTRACTORS LLC | STEVENSVILLE, MD | Sandy Spring Bank |
| $150,000–350,000 | PRECISION CONTRACTORS, LLC | STEVENSVILLE, MD | Sandy Spring Bank |
| $150,000–350,000 | PREMIER CONSULTANTS INTERNATIONAL INC | Washington, DC | Sandy Spring Bank |
| $350,000–1 million | PREMIER HEALTHCARE INC | NEWARK, DE | Sandy Spring Bank |
| $1–2 million | PREMIER MANAGEMENT CORP | Columbia, MD | Sandy Spring Bank |
| $1–2 million | PREMIER MANAGEMENT CORP | COLUMBIA, MD | Sandy Spring Bank |
| $150,000–350,000 | PREMIER SPORTS FIELDS | MANASSAS, VA | Sandy Spring Bank |
| $350,000–1 million | PREPAID WIRELESS WHOLESALE, LLC | ROCKVILLE, MD | Sandy Spring Bank |
| $150,000–350,000 | PRESERVE, LLC | Annapolis, MD | Sandy Spring Bank |
| $150,000–350,000 | PRESERVE, LLC | ANNAPOLIS, MD | Sandy Spring Bank |
| $350,000–1 million | PRESIDENTIAL HEATING & AIR CON | GAITHERSBURG, MD | Sandy Spring Bank |
| $150,000–350,000 | PRESIDENTIAL SERVICE INDUSTRIES INC. | Laurel, MD | Sandy Spring Bank |