| $350,000–1 million | VEHICLES FOR CHANGE | Halethorpe, MD | Sandy Spring Bank |
| $350,000–1 million | VEHICLES FOR CHANGE INC | HALETHORPE, MD | Sandy Spring Bank |
| $150,000–350,000 | VELSOR PROPERTIES, LLC | MC LEAN, VA | Sandy Spring Bank |
| $2–5 million | VERSA INTEGRATED SOLUTIONS. | BELTSVILLE, MD | Sandy Spring Bank |
| $2–5 million | VERSATECH, INC | SAVAGE, MD | Sandy Spring Bank |
| $150,000–350,000 | VESTA SETTLEMENTS, LLC | CHANTILLY, VA | Sandy Spring Bank |
| $1–2 million | VETERAN ENTERPRISE TECHNOLOGY SERVICES, LLC | ASHBURN, VA | Sandy Spring Bank |
| $350,000–1 million | VETERANS CORPORATION INC | Millersville, MD | Sandy Spring Bank |
| $150,000–350,000 | VETERANS CORPORATION, INC | MILLERSVILLE, MD | Sandy Spring Bank |
| $350,000–1 million | VHEDA, INC. | Columbia, MD | Sandy Spring Bank |
| $150,000–350,000 | VHEDA, INC. | COLUMBIA, MD | Sandy Spring Bank |
| $150,000–350,000 | VIENNA CAR WASH LLC | VIENNA, VA | Sandy Spring Bank |
| $350,000–1 million | VIETNAM VETERANS OF AMERICA | SILVER SPRING, MD | Sandy Spring Bank |
| $350,000–1 million | VILLAGE SETTLEMENTS INC. | GAITHERSBURG, MD | Sandy Spring Bank |
| $350,000–1 million | VINTAGE CLEANING CORP. INC | FREDERICK, MD | Sandy Spring Bank |
| $350,000–1 million | VINTAGE CLEANING CORPORATION INC. | Frederick, MD | Sandy Spring Bank |
| $150,000–350,000 | VINTAGE LLC | Annapolis, MD | Sandy Spring Bank |
| $150,000–350,000 | VINTAGE, LLC | ANNAPOLIS, MD | Sandy Spring Bank |
| $1–2 million | VIPDESK CONNECT INC. | ALEXANDRIA, VA | Sandy Spring Bank |
| $150,000–350,000 | VISION SOURCE DC FOCUS EYECARE CENTER PC | WASHINGTON, DC | Sandy Spring Bank |
| $150,000–350,000 | VISION SOURCE DC FOCUS EYECARE CENTER PC | Washington, DC | Sandy Spring Bank |
| $150,000–350,000 | VO LEADERSHIP INC. | WASHINGTON, DC | Sandy Spring Bank |
| $2–5 million | VYTEX CORPORATION | LAUREL, MD | Sandy Spring Bank |
| $150,000–350,000 | WACKER PLUMBING & HEATING, INC | STERLING, VA | Sandy Spring Bank |
| $150,000–350,000 | WALKER'S RESTAURANT GROUP LLC | Glenwood, MD | Sandy Spring Bank |
| $150,000–350,000 | WALKER'S RESTAURANT GROUP, LLC | GLENWOOD, MD | Sandy Spring Bank |
| $150,000–350,000 | WALNUT STREET FINANCE LLC | FAIRFAX, VA | Sandy Spring Bank |
| $350,000–1 million | WALTER ELECTRIC LLC | GLEN BURNIE, MD | Sandy Spring Bank |
| $150,000–350,000 | WARDCHISHOLM, LLP | BETHESDA, MD | Sandy Spring Bank |
| $2–5 million | WARFIELD & SANFORD, INC | LAUREL, MD | Sandy Spring Bank |
| $150,000–350,000 | WASHINGTON CAPITOL PARTNERS, LLC | WASHINGTON, DC | Sandy Spring Bank |
| $350,000–1 million | WASHINGTON CHRISTIAN SCHOOL SOCIETY INC. | Olney, MD | Sandy Spring Bank |
| $350,000–1 million | WASHINGTON CHRISTIAN SCHOOL SOCIETY, INC. | OLNEY, MD | Sandy Spring Bank |
| $150,000–350,000 | WASHINGTON DOOR AND HARDWARE LLC | WASHINGTON, DC | Sandy Spring Bank |
| $150,000–350,000 | WASHINGTON FOOD & SUPPLY OF MD, INC | HYATTSVILLE, MD | Sandy Spring Bank |
| $150,000–350,000 | WASHINGTON INTERNATIONAL FLIGHT ACADEMY LLC. | Gaithersburg, MD | Sandy Spring Bank |
| $150,000–350,000 | WASHINGTON INTERNATIONAL FLIGHT ACADEMY, LLC. | GAITHERSBURG, MD | Sandy Spring Bank |
| $150,000–350,000 | WASHINGTON MEDICAL GROUP P.C. | Washington, DC | Sandy Spring Bank |
| $150,000–350,000 | WASHINGTON MEDICAL GROUP PC | WASHINGTON, DC | Sandy Spring Bank |
| $350,000–1 million | WASHINGTON METRO BUILDING SERVICES, LLC | RESTON, VA | Sandy Spring Bank |
| $350,000–1 million | WASHINGTON METRO SERVICES, LLC. | RESTON, VA | Sandy Spring Bank |
| $350,000–1 million | WASHINGTON NEPHROLOGY ASSOCIATES LLP | Rockville, MD | Sandy Spring Bank |
| $150,000–350,000 | WASHINGTON NEW COVENANT FELLOWSHIP CHURCH | GERMANTOWN, MD | Sandy Spring Bank |
| $150,000–350,000 | WASHINGTON OPEN MRI INC. | Rockville, MD | Sandy Spring Bank |
| $150,000–350,000 | WASHINGTON OPEN MRI, INC. | ROCKVILLE, MD | Sandy Spring Bank |
| $1–2 million | WASHINGTON OVERHEAD DOOR INC | BELTSVILLE, MD | Sandy Spring Bank |
| $350,000–1 million | WATERBORNE ENVIRONMENTAL INC. | Leesburg, VA | Sandy Spring Bank |
| $350,000–1 million | WATERBORNE ENVIRONMENTAL, INC | LEESBURG, VA | Sandy Spring Bank |
| $350,000–1 million | WE COMMUNITIES LLC | LEESBURG, VA | Sandy Spring Bank |
| $150,000–350,000 | WE THE PIZZA CRYSTAL CITY LLC | Arlington, VA | Sandy Spring Bank |
| $150,000–350,000 | WEAVER BOAT WORKS | TRACYS LANDING, MD | Sandy Spring Bank |
| $150,000–350,000 | WEAVER BOAT WORKS | Tracys Landing, MD | Sandy Spring Bank |
| $350,000–1 million | WEBMECHANIX LLC | COLUMBIA, MD | Sandy Spring Bank |
| $350,000–1 million | WEST & FEINBERG, PC | BETHESDA, MD | Sandy Spring Bank |
| $350,000–1 million | WESTERN EXPRESS FORWARDING LLC | Upper Marlboro, MD | Sandy Spring Bank |
| $350,000–1 million | WESTERN EXPRESS FORWARDING LLC | UPPER MARLBORO, MD | Sandy Spring Bank |
| $150,000–350,000 | WEYER'S FLOOR SERVICE, INC | ODENTON, MD | Sandy Spring Bank |
| $150,000–350,000 | WHITE FLINT COLLISION CENTER INC. | ROCKVILLE, MD | Sandy Spring Bank |
| $150,000–350,000 | WHITE FLINT COLLISION CENTER INC. | Rockville, MD | Sandy Spring Bank |
| $350,000–1 million | WIDENER BURROWS & ASSOCIATES INC. | Lanham, MD | Sandy Spring Bank |
| $350,000–1 million | WIDENER-BURROWS AND ASSOCIATES, INC. | LANHAM, MD | Sandy Spring Bank |
| $350,000–1 million | WIENCEK + ASSOCIATES ARCHITECTS + PLANNERS, INC | WASHINGTON, DC | Sandy Spring Bank |
| $150,000–350,000 | WILD WOOD PIZZA LLC | Leesburg, VA | Sandy Spring Bank |
| $150,000–350,000 | WILL SURGICAL ARTS | IJAMSVILLE, MD | Sandy Spring Bank |
| $150,000–350,000 | WILL SURGICAL ARTS | IJAMSVILLE, MD | Sandy Spring Bank |
| $350,000–1 million | WILLARD PACKAGING CO. INC. | GAITHERSBURG, MD | Sandy Spring Bank |
| $150,000–350,000 | WILLIAM F. KLINGENSMITH, INC. | COLLEGE PARK, MD | Sandy Spring Bank |
| $1–2 million | WILLIAM H. GORDON ASSOCIATES, INC. | CHANTILLY, VA | Sandy Spring Bank |
| $2–5 million | WILLIAMS INDUSTRIES, INCORPORATED | MANASSAS, VA | Sandy Spring Bank |
| $350,000–1 million | WILMOT MODULAR STRUCTURES, INC. | WHITE MARSH, MD | Sandy Spring Bank |
| $150,000–350,000 | WINNIE CO LLC | HIGHLAND, MD | Sandy Spring Bank |
| $350,000–1 million | WINTER GROWTH INC. | Olney, MD | Sandy Spring Bank |
| $350,000–1 million | WINTER GROWTH, INC. | OLNEY, MD | Sandy Spring Bank |
| $1–2 million | WISE CONSULTING ASSOCIATES, INC. | COCKEYSVILLE, MD | Sandy Spring Bank |
| $150,000–350,000 | WM ACCOUNTING SERVICE, PA | PARKVILLE, MD | Sandy Spring Bank |
| $350,000–1 million | WOODBOURNE SOLUTIONS, INC. | GERMANTOWN, MD | Sandy Spring Bank |
| $150,000–350,000 | WOODBURN ENDOSCOPY CENTER PLLC | ANNANDALE, VA | Sandy Spring Bank |
| $150,000–350,000 | WOODBURN ENDOSCOPY CENTER PLLC | Annandale, VA | Sandy Spring Bank |
| $350,000–1 million | WOODLAWN MECHANICAL CONTRACTORS INC | Gaithersburg, MD | Sandy Spring Bank |
| $350,000–1 million | WOODLAWN MECHANICAL CONTRACTORS INC | GAITHERSBURG, MD | Sandy Spring Bank |
| $350,000–1 million | WOODLEY WINE & LIQUOR INC. | Washington, DC | Sandy Spring Bank |
| $350,000–1 million | WOODLEY WINE & LIQUOR, INC. | WASHINGTON, DC | Sandy Spring Bank |
| $150,000–350,000 | WOODMAC INC | Gaithersburg, MD | Sandy Spring Bank |
| $150,000–350,000 | WOODMAC INC | GAITHERSBURG, MD | Sandy Spring Bank |
| $150,000–350,000 | WOODMORE ENVY INC. | Lanham, MD | Sandy Spring Bank |
| $150,000–350,000 | WOODMORE ENVY, INC. | LANHAM, MD | Sandy Spring Bank |
| $350,000–1 million | WOODMORE RESTAURANT HOLDINGS LLC | Columbia, MD | Sandy Spring Bank |
| $150,000–350,000 | WORLD INSTITUTE OF LEADERSHIP & LEARNING LTD. | Potomac, MD | Sandy Spring Bank |
| $150,000–350,000 | WORLD INSTITUTE OF LEADERSHIP & LEARNING, LTD. | POTOMAC, MD | Sandy Spring Bank |
| $1–2 million | WORMALD CORPORATION | FREDERICK, MD | Sandy Spring Bank |
| $150,000–350,000 | WRIGLEY-KAY DENTAL PC | Ellicott City, MD | Sandy Spring Bank |
| $1–2 million | XCEL MANAGEMENT, INC. | DERWOOD, MD | Sandy Spring Bank |
| $150,000–350,000 | XECUNET, LLC. | FREDERICK, MD | Sandy Spring Bank |
| $150,000–350,000 | YALCIN, INC | ALEXANDRIA, VA | Sandy Spring Bank |
| $150,000–350,000 | YORK FLOWERS INC | Washington, DC | Sandy Spring Bank |
| $150,000–350,000 | YORK FLOWERS INC. | WASHINGTON, DC | Sandy Spring Bank |
| $150,000–350,000 | YS CORP | WASHINGTON, DC | Sandy Spring Bank |
| $150,000–350,000 | Z CONSTRUCTION, LLC | WOODBINE, MD | Sandy Spring Bank |
| $150,000–350,000 | ZIPPER'S CYCLE INC. | ELKRIDGE, MD | Sandy Spring Bank |
| $150,000–350,000 | ZYMOTIC LTD. | Annapolis, MD | Sandy Spring Bank |