NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORPORATION

Total loan face value · trailing 12 months
$1.35B
vs. BLUEOVAL SK, LLC ($45.3B), largest tracked loan recipient
$10for every U.S. household÷ 131M U.S. households
In perspective
0.8%of all $178.0B in tracked loan face value
3separate loans, trailing 12 months

NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORPORATION has received $1.35B in face value across 3 federal loans of $1M or more on record. The government's own estimated cost of these loans (subsidy cost, not the amount borrowed) totals $19M.

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.

Loan figures on this page are face value — the amount borrowed, not a grant or contract payment. The federal government’s own estimated cost of guaranteeing or issuing these loans (subsidy cost) is a separate, much smaller figure, shown above.

Loans by agency

Where this recipient’s loan face value comes from.

All loans

Swipe to see description and amount →

AgencyDescriptionAmount
GUAR FOR BONDS & NOTES FOR ELEC OR TELE - NRUCFC
$450,000,000
GUAR FOR BONDS & NOTES FOR ELEC OR TELE - NRUCFC
$450,000,000
GUAR FOR BONDS & NOTES FOR ELEC OR TELE
$450,000,000