Federal Loan Recipients

$178.0B in face value tracked across 2,373 federal loans of $1M or more, ranked by recipient. Figures are loan face value (the amount borrowed), not the government’s own smaller estimated cost.

Data as of July 24, 2026. Source: USAspending.gov, prime contract awards $1M+. Federal spending data lags and has known gaps. This is not a real-time or complete record.

Top 50 loan recipients

Ranked by total loan face value, trailing 12 months.
NRUCFC
$550M