| $350,000–1 million | FREDERICK GASTROENTEROLOGY ASSOCIATES P.A. | FREDERICK, MD | Sandy Spring Bank |
| $150,000–350,000 | FREDERICK KEYS BASEBALL | FREDERICK, MD | PNC Bank, National Association |
| $150,000–350,000 | FREDERICK MEDICAL & PULMONARY ASSOCIATES | FREDERICK, MD | Sandy Spring Bank |
| $350,000–1 million | FREDERICK MUTUAL INSURANCE CO | FREDERICK, MD | PNC Bank, National Association |
| $350,000–1 million | FREDERICK PEDIATRIC ASSOCIATES, P.A. | FREDERICK, MD | PNC Bank, National Association |
| $150,000–350,000 | FREDERICK PEDIATRIC DENTISTRY, LLC | FREDERICK, MD | Middletown Valley Bank |
| $150,000–350,000 | FREDERICK RESCUE MISSION, INC. | FREDERICK, MD | Sandy Spring Bank |
| $350,000–1 million | FREDERICK SURGICAL CENTER, LLC | FREDERICK, MD | First Liberty Bank |
| $350,000–1 million | FREDERICKTOWNE NISSAN INC | FREDERICK, MD | Truist Bank |
| $1–2 million | GEORGE MOEHRLE MASONRY, INC. | FREDERICK, MD | Sandy Spring Bank |
| $350,000–1 million | GLADHILL TRACTOR MART INC | FREDERICK, MD | PNC Bank, National Association |
| $150,000–350,000 | GLORY DAYS GRILL OF FREDERICK LLC | FREDERICK, MD | Sandy Spring Bank |
| $150,000–350,000 | GORDON & SIMMONS, LLC | FREDERICK, MD | ACNB Bank |
| $150,000–350,000 | GPL ENTERPRISE, LLC | FREDERICK, MD | Bank of America, National Association |
| $150,000–350,000 | GUTTERS FOR LESS INC | FREDERICK, MD | PNC Bank, National Association |
| $150,000–350,000 | GVT LLC | FREDERICK, MD | PNC Bank, National Association |
| $150,000–350,000 | GWWC LLC | FREDERICK, MD | Forbright Bank |
| $350,000–1 million | H FRANK FOLAND & SON INC | FREDERICK, MD | Truist Bank |
| $150,000–350,000 | HABITAT FOR HUMANITY OF FREDERICK COUNTY, MD | FREDERICK, MD | ACNB Bank |
| $350,000–1 million | HARLEY DAVIDSON OF FREDERICK INC | FREDERICK, MD | Sandy Spring Bank |
| $350,000–1 million | HARRIS SMARIGA AND ASSOCIATES INC | FREDERICK, MD | Truist Bank |
| $150,000–350,000 | HOLISTIC HEALTH ASSOCIATES, INC | FREDERICK, MD | ACNB Bank |
| $350,000–1 million | HWF DIRECT LLC | FREDERICK, MD | Wells Fargo Bank, National Association |
| $350,000–1 million | IDEAL BUICK INC. | FREDERICK, MD | Ally Bank |
| $350,000–1 million | IHIRE LLC | FREDERICK, MD | Sandy Spring Bank |
| $350,000–1 million | IMAGE DIRECT GROUP, LLC | FREDERICK, MD | Berkshire Bank |
| $150,000–350,000 | INSURANCE FIRST INC. | FREDERICK, MD | Sandy Spring Bank |
| $350,000–1 million | INTELICE SOLUTIONS LLC | FREDERICK, MD | ACNB Bank |
| $150,000–350,000 | J LEE KRANTZ MD PA | FREDERICK, MD | Bank of America, National Association |
| $350,000–1 million | J MAHALCHICK ENTERPRISES, INC | FREDERICK, MD | ACNB Bank |
| $150,000–350,000 | J P CLEANING, LLC | FREDERICK, MD | Fountainhead SBF LLC |
| $350,000–1 million | J. & J. INCORPORATED | FREDERICK, MD | First United Bank & Trust |
| $150,000–350,000 | JECHO LABORATORIES, INC | FREDERICK, MD | EagleBank |
| $1–2 million | JEFFREY GIANGRANDE CORPORATION | FREDERICK, MD | City National Bank of Florida |
| $150,000–350,000 | JEWELERS COLONIAL INC | FREDERICK, MD | Sandy Spring Bank |
| $150,000–350,000 | JJMJ LUBE, INC. | FREDERICK, MD | Harford Bank |
| $150,000–350,000 | JOHAM INC | FREDERICK, MD | ACNB Bank |
| $150,000–350,000 | JOSEPH F. DEVILBISS CONSTRUCTION CO. | FREDERICK, MD | ACNB Bank |
| $150,000–350,000 | JP2, INC | FREDERICK, MD | Sandy Spring Bank |
| $150,000–350,000 | JT MOTORSPORTS, INC. | FREDERICK, MD | ACNB Bank |
| $350,000–1 million | K&R TECHNOLOGIES, LLC | FREDERICK, MD | Truist Bank |
| $150,000–350,000 | KEMP PROTEINS | FREDERICK, MD | Sandy Spring Bank |
| $150,000–350,000 | KERSHNER & TREPPER DENTAL ASSOCIATES, P.A. | FREDERICK, MD | ACNB Bank |
| $350,000–1 million | KINGSBROOK VETERINARY GROUP | FREDERICK, MD | Sandy Spring Bank |
| $150,000–350,000 | KNIGHT SKY LLC | FREDERICK, MD | EagleBank |
| $150,000–350,000 | KRAMER FINANCIAL LLC | FREDERICK, MD | Bank of America, National Association |
| $350,000–1 million | KRIETZ AUTO REPAIR, INC. | FREDERICK, MD | WesBanco Bank, Inc. |
| $150,000–350,000 | KTL SOLUTIONS, INC. | FREDERICK, MD | Sandy Spring Bank |
| $150,000–350,000 | LA PAZ MEXICAN RESTAURANT, INC. | FREDERICK, MD | Middletown Valley Bank |
| $150,000–350,000 | LAWYERS SIGNATURE SETTLEMENTS, LLC | FREDERICK, MD | ACNB Bank |
| $150,000–350,000 | LEE BUILDING MAINTENANCE LLC | FREDERICK, MD | First National Bank of Pennsylvania |
| $350,000–1 million | LINTON SHAFER WARFIELD & GARRETT P.A. | FREDERICK, MD | Manufacturers and Traders Trust Company |
| $350,000–1 million | LYNGSOE SYSTEMS INC | FREDERICK, MD | PNC Bank, National Association |
| $1–2 million | MAINSPRING, INC. | FREDERICK, MD | Bank of Charles Town |
| $150,000–350,000 | MANN & HENRY PODIATRY SERVICES LLC | FREDERICK, MD | ACNB Bank |
| $150,000–350,000 | MARINE AIR SUPPLY CO., INC. | FREDERICK, MD | ACNB Bank |
| $150,000–350,000 | MARK'S EQUIPMENT SERVICE, INC. | FREDERICK, MD | Middletown Valley Bank |
| $150,000–350,000 | MASTERS ELECTRICAL CONSTRUCTION, LLC | FREDERICK, MD | ACNB Bank |
| $1–2 million | MATAN COMPANIES LLLP | FREDERICK, MD | Truist Bank |
| $150,000–350,000 | MCBEE MOORE WOODWARD & VANIK IP, LLC | FREDERICK, MD | Middletown Valley 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 |
| $150,000–350,000 | MCLEAN KOEHLER SPARKS AND HAMMOND | FREDERICK, MD | Orrstown Bank |
| $150,000–350,000 | MECHANICAL SERVICES INDUSTRIES, LLC | FREDERICK, MD | Sandy Spring Bank |
| $350,000–1 million | MEDICAL ACCOUNT SERVICES LLC | FREDERICK, MD | Enterprise Bank & Trust |
| $350,000–1 million | MEETINGPLAY, LLC | FREDERICK, MD | Piermont 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 |
| $350,000–1 million | METLFAB, INC. | FREDERICK, MD | ACNB Bank |
| $150,000–350,000 | METRO LANDSCAPE & CONSTRUCTION, INC | FREDERICK, MD | Sandy Spring Bank |
| $350,000–1 million | MICHAEL R WARNER MD PA | FREDERICK, MD | PNC Bank, National Association |
| $150,000–350,000 | MID-ATLANTIC TILE DISTRIBUTORS LLC | FREDERICK, MD | Manufacturers and Traders Trust Company |
| $150,000–350,000 | MONOCACY START CENTER, INC. | FREDERICK, MD | ACNB Bank |
| $150,000–350,000 | MONOCACY SURGERY CENTER LLC | FREDERICK, MD | Mesquite CU |
| $150,000–350,000 | MONTGOMERY WINDOW PRODUCTS CO. | FREDERICK, MD | Sandy Spring Bank |
| $150,000–350,000 | NE BOB WALTZ PLUMBING & HEATING INC | FREDERICK, MD | First United Bank & Trust |
| $350,000–1 million | NEW ERA CUSTOM DESIGN AND CABINET WORKS, INC. | FREDERICK, MD | ACNB Bank |
| $150,000–350,000 | NEW LIFE FOURSQUARE CHURCH | FREDERICK, MD | PNC Bank, National Association |
| $150,000–350,000 | NEW YORK, NEW YORK SALON, INC. | FREDERICK, MD | ACNB Bank |
| $350,000–1 million | NEWBRIDGE, INC | FREDERICK, MD | First United Bank & Trust |
| $150,000–350,000 | NEWPORT FREDERICK MANAGEMENT LLC | FREDERICK, MD | TowneBank |
| $350,000–1 million | NORTH STAR FOUNDATIONS, INC. | FREDERICK, MD | ACNB Bank |
| $350,000–1 million | ORASES CONSULTING CORPORATON | FREDERICK, MD | ACNB Bank |
| $350,000–1 million | OURISMAN MOTORS OF FREDERICK, INC | FREDERICK, MD | Truist Bank |
| $150,000–350,000 | P R COMPANY | FREDERICK, MD | Sandy Spring Bank |
| $150,000–350,000 | PARLIGHTS CONCERT LIGHTING, INC. | FREDERICK, MD | ACNB Bank |
| $350,000–1 million | PATRIOT TECHNOLOGIES INC | FREDERICK, MD | Newtek Small Business Finance, Inc. |
| $350,000–1 million | PATRIOT TECHNOLOGIES INC. | FREDERICK, MD | Itria Ventures LLC |
| $150,000–350,000 | PBA DILLS INC | FREDERICK, MD | Sandy Spring Bank |
| $150,000–350,000 | PBP UNDERGROUND | FREDERICK, MD | Bank of America, National Association |
| $350,000–1 million | PC SONS, INC. | FREDERICK, MD | EagleBank |
| $350,000–1 million | PEDIATRIC DENTAL CENTER OF FREDERICK | FREDERICK, MD | Fund-Ex Solutions Group, LLC |
| $350,000–1 million | PGC LANDSCAPE LLC | FREDERICK, MD | Sandy Spring Bank |
| $150,000–350,000 | PINE CREEK ENTERPRISES LLC | FREDERICK, MD | PNC Bank, National Association |
| $150,000–350,000 | PJ'S ROOFING, INC. | FREDERICK, MD | PNC Bank, National Association |
| $2–5 million | PLAMONDON ENTERPRISES INC | FREDERICK, MD | Sandy Spring Bank |
| $1–2 million | PLAMONDON HOSPITALITY PARTNERS LLC | FREDERICK, MD | Sandy Spring Bank |
| $350,000–1 million | POOLE LANDSCAPING, LLC | FREDERICK, MD | CFG Community Bank |
| $350,000–1 million | POSITIVE TECHNOLOGY.COM INC | FREDERICK, MD | ACNB Bank |
| $150,000–350,000 | PRECISION AUTOBODY INC | FREDERICK, MD | PNC Bank, National Association |