| $150,000–350,000 | PRINCE WILLIAM ICE CENTER | WOODBRIDGE, VA | Sandy Spring Bank |
| $1–2 million | PRINT MAIL COMMUNICATIONS, INC. | FREDERICKSBURG, VA | Sandy Spring Bank |
| $1–2 million | PRITCHETT CONTROLS INC | BELTSVILLE, MD | Sandy Spring Bank |
| $150,000–350,000 | PRO POWER AND ELECTRIC, LLC | WOODBINE, MD | Sandy Spring Bank |
| $1–2 million | PROCON CONSULTING LLC | ARLINGTON, VA | Sandy Spring Bank |
| $150,000–350,000 | PROFESSIONAL COMMUNITY MANAGEMENT, INC. | MILLERSVILLE, MD | Sandy Spring Bank |
| $150,000–350,000 | PROFESSIONAL GRAPHICS PRINTING COMPANY | LAUREL, MD | Sandy Spring Bank |
| $150,000–350,000 | PROFESSIONAL GRAPHICS PRINTING COMPANY | Laurel, MD | Sandy Spring Bank |
| $2–5 million | PROFILES PLACEMENT SERVICES | BALTIMORE, MD | Sandy Spring Bank |
| $1–2 million | PROFILES PLACEMENT SERVICES | Baltimore, MD | Sandy Spring Bank |
| $350,000–1 million | PROLIST, INC | FREDERICK, MD | Sandy Spring Bank |
| $150,000–350,000 | PROTAS SPIVOK & COLLINS, LLC | BETHESDA, MD | Sandy Spring Bank |
| $1–2 million | PROVIDENT RESEARCH, INC. | ROCKVILLE, MD | Sandy Spring Bank |
| $1–2 million | PSI SERVICES III INC. | Hyattsville, MD | Sandy Spring Bank |
| $1–2 million | PSI SERVICES III INC. | HYATTSVILLE, MD | Sandy Spring Bank |
| $350,000–1 million | PURDY GROUP, LLC | CAMBRIDGE, MD | Sandy Spring Bank |
| $150,000–350,000 | PW COMMUNICATIONS, INC. | ROCKVILLE, MD | Sandy Spring Bank |
| $350,000–1 million | QMULOS LLC | CHANTILLY, VA | Sandy Spring Bank |
| $150,000–350,000 | QUALITY BIOLOGICAL, INC | GAITHERSBURG, MD | Sandy Spring Bank |
| $350,000–1 million | QUALITY TRUST FOR INDIVIDUALS WITH DISABILITIES | WASHINGTON, DC | Sandy Spring Bank |
| $350,000–1 million | QUALITY TRUST FOR INDIVIDUALS WITH DISABILITIES | Washington, DC | Sandy Spring Bank |
| $150,000–350,000 | QUANTUM REALTY MANAGEMENT | BETHESDA, MD | Sandy Spring Bank |
| $150,000–350,000 | QUATREFOIL ASSSOCIATES INC | Laurel, MD | Sandy Spring Bank |
| $150,000–350,000 | QUATREFOIL ASSSOCIATES, INC | LAUREL, MD | Sandy Spring Bank |
| $150,000–350,000 | QUICKIE BECKY CHILD CARE DEVELOPMENT | WASHINGTON, DC | Sandy Spring Bank |
| $150,000–350,000 | R & D AIR INC. | Jessup, MD | Sandy Spring Bank |
| $150,000–350,000 | R & D AIR, INC. | BURTONSVILLE, MD | Sandy Spring Bank |
| $150,000–350,000 | R & P SETTLEMENT GROUP LLC | LUTHERVILLE TIMONIUM, MD | Sandy Spring Bank |
| $1–2 million | R STREET INSTITUTE | WASHINGTON, DC | Sandy Spring Bank |
| $2–5 million | R W WARNER INC | FREDERICK, MD | Sandy Spring Bank |
| $5–10 million | R&R MECHANICAL LLC | WASHINGTON, DC | Sandy Spring Bank |
| $350,000–1 million | R. CHRISTOPHER GOODWIN & ASSOCIATES INC. | Frederick, MD | Sandy Spring Bank |
| $350,000–1 million | R. CHRISTOPHER GOODWIN & ASSOCIATES, INC | FREDERICK, MD | Sandy Spring Bank |
| $150,000–350,000 | R. GANASSA TILE CO. INC | IJAMSVILLE, MD | Sandy Spring Bank |
| $150,000–350,000 | R. GANASSA TILE CO. INC | Ijamsville, MD | Sandy Spring Bank |
| $150,000–350,000 | RADIANCE SALON AND DAY SPA LLC | ASHBURN, VA | Sandy Spring Bank |
| $150,000–350,000 | RADIANCE SALON AND DAY SPA LLC | Broadlands, VA | Sandy Spring Bank |
| $150,000–350,000 | RADIANCE SALON AND MEDI SPA II LLC | Leesburg, VA | Sandy Spring Bank |
| $150,000–350,000 | RADIANCE SALON AND MEDI SPA II LLC | LEESBURG, VA | Sandy Spring Bank |
| $350,000–1 million | RADICAL CONVERGENCE | RESTON, VA | Sandy Spring Bank |
| $150,000–350,000 | RAMS HEAD DOCKSIDE LLC | Glen Burnie, MD | Sandy Spring Bank |
| $150,000–350,000 | RAMS HEAD DOCKSIDE LLC | ANNAPOLIS, MD | Sandy Spring Bank |
| $350,000–1 million | RAPP CONTRACTING INC | Beltsville, MD | Sandy Spring Bank |
| $350,000–1 million | RAPP CONTRACTING, INC | BELTSVILLE, MD | Sandy Spring Bank |
| $150,000–350,000 | RASPBERRY GOLF INVESTORS LLC | LEESBURG, VA | Sandy Spring Bank |
| $350,000–1 million | RATIONAL PR LLC | WASHINGTON, DC | Sandy Spring Bank |
| $150,000–350,000 | RAYMOND T. JOHNSON, INC. | KENSINGTON, MD | Sandy Spring Bank |
| $1–2 million | RBR-TECHNOLOGIES, INC | ODENTON, MD | Sandy Spring Bank |
| $350,000–1 million | RDM LTD | Laurel, MD | Sandy Spring Bank |
| $350,000–1 million | RDM LTD | LAUREL, MD | Sandy Spring Bank |
| $150,000–350,000 | REAL ESCAPE LLC | Chantilly, VA | Sandy Spring Bank |
| $150,000–350,000 | REAL ESCAPE, LLC | STERLING, VA | Sandy Spring Bank |
| $150,000–350,000 | REAL ESTATE SERVICE SYSTEMS LLC | GERMANTOWN, MD | Sandy Spring Bank |
| $350,000–1 million | RECURRENT INNOVATIVE SOLUTIONS LLC | Rockville, MD | Sandy Spring Bank |
| $350,000–1 million | RECURRENT INNOVATIVE SOLUTIONS, LLC | ROCKVILLE, MD | Sandy Spring Bank |
| $350,000–1 million | REDD COMMUNICATIONS CONSULTING COMPANY LLC | ROCKVILLE, MD | Sandy Spring Bank |
| $150,000–350,000 | REDOX POWER SYSTEMS LLC | Beltsville, MD | Sandy Spring Bank |
| $150,000–350,000 | REDOX POWER SYSTEMS, LLC | BELTSVILLE, MD | Sandy Spring Bank |
| $150,000–350,000 | REGAL TOWERS PROPERTY LLC | LAUREL, MD | Sandy Spring Bank |
| $350,000–1 million | REGIONAL PEST MANAGEMENT | HALETHORPE, MD | Sandy Spring Bank |
| $150,000–350,000 | REINGOLD LINK LLC | Washington, DC | Sandy Spring Bank |
| $150,000–350,000 | REINGOLD LINK LLC | WASHINGTON, DC | Sandy Spring Bank |
| $150,000–350,000 | REINSTEIN, GLACKIN & HERRIOTT | BOWIE, MD | Sandy Spring Bank |
| $150,000–350,000 | RELS LLC | SILVER SPRING, MD | Sandy Spring Bank |
| $150,000–350,000 | REMODELERS ADVANTAGE INC. | LINTHICUM HEIGHTS, MD | Sandy Spring Bank |
| $350,000–1 million | RENSHAW INSULATION INC. | Ashton, MD | Sandy Spring Bank |
| $350,000–1 million | RENSHAW INSULATION, INC. | ASHTON, MD | Sandy Spring Bank |
| $150,000–350,000 | REPUBLIC TITLE INC | ANNANDALE, VA | Sandy Spring Bank |
| $150,000–350,000 | RERY LLC | VIENNA, VA | Sandy Spring Bank |
| $150,000–350,000 | RESCUE ONE TRAINING FOR LIFE, INC. | GAITHERSBURG, MD | Sandy Spring Bank |
| $150,000–350,000 | RESPONSE DYNAMICS, INC. | VIENNA, VA | Sandy Spring Bank |
| $150,000–350,000 | RESTORE MOTION LLC | Rockville, MD | Sandy Spring Bank |
| $150,000–350,000 | RESTORE MOTION LLC | ROCKVILLE, MD | Sandy Spring Bank |
| $150,000–350,000 | RETANA CONSTRUCTION, LLC | MONROVIA, MD | Sandy Spring Bank |
| $350,000–1 million | RFC INC. | Ellicott City, MD | Sandy Spring Bank |
| $350,000–1 million | RFC, INC | ELLICOTT CITY, MD | Sandy Spring Bank |
| $350,000–1 million | RHI INC | Elkridge, MD | Sandy Spring Bank |
| $350,000–1 million | RHI, INC | ELKRIDGE, MD | Sandy Spring Bank |
| $150,000–350,000 | RIA INDUSTRIES INC | GAITHERSBURG, MD | Sandy Spring Bank |
| $150,000–350,000 | RICH MOE ENTERPRISES, LLC | UPPER MARLBORO, MD | Sandy Spring Bank |
| $350,000–1 million | RICHARD S. CARSON & ASSOCIATES, INC. | BETHESDA, MD | Sandy Spring Bank |
| $350,000–1 million | RICHMOND OVERHEAD DOOR, INC. | ASHLAND, VA | Sandy Spring Bank |
| $150,000–350,000 | RING & RING CPAS LLC | EDGEWATER, MD | Sandy Spring Bank |
| $150,000–350,000 | RISMILLER LAW GROUP,LLC | ROCKVILLE, MD | Sandy Spring Bank |
| $150,000–350,000 | RISMILLER LAW GROUPLLC | Rockville, MD | Sandy Spring Bank |
| $150,000–350,000 | RIVER GLASS DESIGNS, INC. | DERWOOD, MD | Sandy Spring Bank |
| $150,000–350,000 | RIVER HILL GROUP LLC | Clarksville, MD | Sandy Spring Bank |
| $150,000–350,000 | RIVER HILL GROUP LLC | CLARKSVILLE, MD | Sandy Spring Bank |
| $150,000–350,000 | RIVERBAY ROADHOUSE INC | Annapolis, MD | Sandy Spring Bank |
| $1–2 million | RLO CONTRACTORS, INC. | DAYTON, MD | Sandy Spring Bank |
| $150,000–350,000 | RM BOARDING LLC | Brinklow, MD | Sandy Spring Bank |
| $150,000–350,000 | RM BOARDING LLC | BRINKLOW, MD | Sandy Spring Bank |
| $150,000–350,000 | RMANTRA SOLUTIONS INC | RESTON, VA | Sandy Spring Bank |
| $150,000–350,000 | ROBERT C. FELDMAN MD PA | Rockville, MD | Sandy Spring Bank |
| $150,000–350,000 | ROBERT C. FELDMAN, MD PA | ROCKVILLE, MD | Sandy Spring Bank |
| $350,000–1 million | ROBERT M ALLEN OD PC | CHANTILLY, VA | Sandy Spring Bank |
| $150,000–350,000 | ROBERT M. DALY DDS PA | Gambrills, MD | Sandy Spring Bank |
| $150,000–350,000 | ROBERT M. DALY, DDS, PA | GAMBRILLS, MD | Sandy Spring Bank |
| $150,000–350,000 | ROCK GROVE ASSOCIATES LP | Rockville, MD | Sandy Spring Bank |
| $150,000–350,000 | ROCK GROVE ASSOCIATES LP | ROCKVILLE, MD | Sandy Spring Bank |