| State of Indiana | Indianapolis | $22.6B | 22 | 350 |
| Indiana University LOW-RISK | Bloomington | $1.1B | 10 | 0 |
| Purdue University LOW-RISK | West Lafayette | $687.4M | 10 | 14 |
| Indiana Finance Authority LOW-RISK | Indianapolis | $605.0M | 10 | 1 |
| Indiana Housing and Community Development Authority LOW-RISK | Indianapolis | $527.4M | 10 | 1 |
| PURDUE UNIVERSITY GLOBAL, INC. LOW-RISK | WEST LAFAYETTE | $455.2M | 8 | 0 |
| Union Health System, Inc. LOW-RISK | Terre Haute | $254.0M | 10 | 0 |
| Church World Service, Inc. LOW-RISK | Elkhart | $252.2M | 10 | 1 |
| University of Notre Dame du Lac LOW-RISK | Notre Dame | $217.8M | 10 | 2 |
| Ivy Tech Community College of Indiana | Indianapolis | $200.9M | 10 | 23 |
| Ball State University LOW-RISK | Muncie | $159.0M | 10 | 2 |
| Indiana Wesleyan University LOW-RISK | Marion | $118.4M | 10 | 0 |
| City of Indianapolis LOW-RISK | Indianapolis | $114.2M | 11 | 2 |
| HEALTH AND HOSPITAL CORPORATION OF MARION COUNTY, INDIANA LOW-RISK | Indianapolis | $96.0M | 10 | 0 |
| Gary Community School Corporation | Gary | $89.5M | 4 | 51 |
| Indianapolis Public Schools | Indianapolis | $88.9M | 10 | 20 |
| Fort Wayne Community Schools | Fort Wayne | $77.1M | 8 | 2 |
| Indianapolis Public Transportation Corporation LOW-RISK | Indianapolis | $76.5M | 10 | 0 |
| South Bend Community School Corporation | South Bend | $75.4M | 6 | 38 |
| School City of Hammond | Hammond | $74.4M | 5 | 9 |
| Northwest Indiana Regional Development Authority | Crown Point | $74.1M | 1 | 1 |
| Marian University LOW-RISK | Indianapolis | $72.8M | 10 | 4 |
| Indianapolis Housing Agency | Indianapolis | $65.1M | 7 | 24 |
| Elkhart Community Schools | Elkhart | $64.2M | 5 | 12 |
| Metropolitan School District of Warren Township | Indianapolis | $62.2M | 6 | 24 |
| Northern Indiana Commuter Transportation District LOW-RISK | Chesterton | $61.5M | 10 | 0 |
| Indiana State University | Terre Haute | $60.5M | 10 | 6 |
| Metropolitan School District of Pike Township | Indianapolis | $59.3M | 5 | 29 |
| Vigo County School Corporation | Terre Haute | $53.2M | 5 | 23 |
| Butler University LOW-RISK | Indianapolis | $51.3M | 10 | 2 |
| Michigan City Area Schools | Michigan City | $50.7M | 5 | 28 |
| Alma College LOW-RISK | Alma | $50.3M | 10 | 0 |
| School City of East Chicago | East Chicago | $50.3M | 5 | 37 |
| CAPITAL IMPROVEMENT BOARD OF MANAGERS | INDIANAPOLIS | $50.0M | 2 | 0 |
| DEACONESS HEALTH SYSTEM, INC. | EVANSVILLE | $48.7M | 1 | 0 |
| Allen County | Fort Wayne | $48.6M | 10 | 13 |
| Anderson Community School Corporation | Anderson | $48.1M | 5 | 18 |
| University of Indianapolis LOW-RISK | Indianapolis | $47.9M | 10 | 1 |
| City of Fort Wayne LOW-RISK | Fort Wayne | $47.7M | 10 | 3 |
| Lafayette School Corporation | Lafayette | $47.6M | 5 | 13 |
| East Allen County Schools | New Haven | $47.1M | 5 | 7 |
| NEW ALBANY-FLOYD COUNTY CONSOLIDATED SCHOOL CORPORATION | New Albany | $46.6M | 5 | 17 |
| City of Evansville | Evansville | $45.0M | 9 | 2 |
| Metropolitan School District of Washington Township | Indianapolis | $42.9M | 5 | 31 |
| METROPOLITAN SCHOOL DISTRICT OF DECATUR TOWNSHIP | Indianapolis | $42.5M | 5 | 33 |
| Evansville Vanderburgh School Corporation | Evansville | $42.5M | 8 | 11 |
| VINCENNES UNIVERSITY | VINCENNES | $42.2M | 7 | 1 |
| Kokomo School Corporation | Kokomo | $41.3M | 5 | 7 |
| Monroe County Community School Corporation | Bloomington | $40.9M | 5 | 37 |
| Southlake/Tri-City Management Corporation dba Geminus Corporation | Merrillville | $40.6M | 10 | 1 |
| Cameron Memorial Community Hospital LOW-RISK | Angola | $39.9M | 6 | 1 |
| Elkhart County | Goshen | $39.7M | 9 | 15 |
| University of Southern Indiana | Evansville | $39.0M | 10 | 3 |
| Bartholomew Consolidated School Corporation | Columbus | $38.0M | 5 | 15 |
| Perry Township Schools LOW-RISK | Indianapolis | $37.6M | 8 | 10 |
| Boone Memorial Hospital, Inc. LOW-RISK | Madison | $36.2M | 7 | 1 |
| Tippecanoe School Corporation | Lafayette | $36.2M | 5 | 15 |
| Housing Authority of the City of Fort Wayne, Indiana LOW-RISK | Fort Wayne | $36.1M | 10 | 0 |
| Indiana Institute of Technology, Inc. LOW-RISK | Fort Wayne | $34.7M | 10 | 2 |
| PERRY COUNTY MEMORIAL HOSPITAL FOUNDATION INC LOW-RISK | TELL CITY | $33.9M | 5 | 2 |
| NORTHWEST INDIANA COMMUNITY ACTION CORP LOW-RISK | CROWN POINT | $32.7M | 10 | 2 |
| Easter Seals Metropolitan Chicago Inc. | CHICAGO | $32.7M | 10 | 7 |
| Trine University LOW-RISK | Angola | $31.3M | 9 | 0 |
| Housing Authority of the City of Gary, Indiana LOW-RISK | Gary | $30.6M | 9 | 8 |
| SOUTH BEND HOUSING AUTHORITY | South Bend | $30.3M | 10 | 44 |
| Vincennes University LOW-RISK | Vincennes | $30.1M | 3 | 0 |
| COMMUNITY ACTION OF NORTHEAST INDIANA INC | FORT WAYNE | $30.1M | 10 | 1 |
| Metropolitan School District of Lawrence Township | Indianapolis | $29.8M | 8 | 24 |
| University of Evansville LOW-RISK | Evansville | $29.6M | 10 | 1 |
| Greater Clark County Schools | Jeffersonville | $29.3M | 5 | 25 |
| Merrillville Community School Corporation | Merrillville | $29.0M | 5 | 15 |
| Claire Blue Health LLC | Morehead | $27.9M | 1 | 1 |
| Richmond Community Schools | Richmond | $27.1M | 5 | 13 |
| Marion Community Schools | Marion | $26.8M | 5 | 7 |
| Hanover College LOW-RISK | Hanover | $26.2M | 10 | 2 |
| The Lutheran University Association, Inc. - Valparaiso University LOW-RISK | Valparaiso | $25.8M | 10 | 3 |
| La Porte Community School Corporation | La Porte | $25.7M | 5 | 27 |
| Franklin Township Community School Corporation | Indianapolis | $25.2M | 5 | 17 |
| Huntington University | Huntington | $24.5M | 10 | 5 |
| Concord Community Schools | Elkhart | $24.0M | 5 | 31 |
| Goshen Community Schools | Goshen | $24.0M | 5 | 57 |
| Portage Township Schools | Portage | $23.7M | 5 | 15 |
| SAINT MARY-OF-THE-WOODS COLLEGE AND SUBSIDIARY | SAINT MARY OF THE WOODS | $23.5M | 10 | 3 |
| CITY OF HUNTINGBURG | HUNTINGBURG | $22.9M | 3 | 2 |
| Warrick County School Corporation | Boonville | $22.7M | 5 | 3 |
| THE HOUSING AUTHORITY OF THE CITY OF EVANSVILLE, INDIANA LOW-RISK | EVANSVILLE | $22.4M | 10 | 0 |
| LAKELAND REGIONAL SEWER DISTRICT | WARSAW | $22.2M | 2 | 4 |
| MAH Braeburn Village, LLC LOW-RISK | Carmel | $22.2M | 2 | 0 |
| TRINE UNIVERSITY LOW-RISK | ANGOLA | $22.1M | 2 | 0 |
| Tippecanoe And Chapman Lakes Regional Sewer District | North Webster | $21.9M | 2 | 4 |
| MAH Braeburn Village, LLC LOW-RISK | Indianapolis | $21.7M | 7 | 0 |
| AVON COMMUNITY SCHOOL CORPORATION | AVON | $21.6M | 5 | 7 |
| Manchester University LOW-RISK | North Manchester | $21.5M | 10 | 3 |
| Family Development Services LOW-RISK | Indianapolis | $21.3M | 10 | 1 |
| FORT WAYNE-ALLEN COUNTY AIRPORT AUTHORITY LOW-RISK | FORT WAYNE | $21.2M | 9 | 0 |
| St. Joseph County Airport Authority LOW-RISK | South Bend | $21.1M | 10 | 7 |
| Lake Central School Corporation | St John | $21.1M | 5 | 16 |
| Penn-Harris-Madison School Corporation | Mishawaka | $21.0M | 2 | 4 |
| GLEANERS FOOD BANK OF INDIANA, INC LOW-RISK | Indianapolis | $20.5M | 10 | 6 |
| Indianapolis Airport Authority LOW-RISK | Indianapolis | $19.8M | 11 | 2 |
| City of Hammond | Hammond | $19.8M | 9 | 5 |
| School City of Mishawaka | Mishawaka | $19.7M | 5 | 24 |
| Martinsville MSD | Martinsville | $19.2M | 1 | 3 |
| Warsaw Community Schools | Warsaw | $19.1M | 4 | 5 |
| Fayette County School Corporation | Connersville | $19.0M | 5 | 11 |
| Huntington County Community School Corporation | Huntington | $19.0M | 5 | 22 |
| Johnson County | Franklin | $18.9M | 9 | 6 |
| Bloomington Housing Authority | Bloomington | $18.6M | 9 | 2 |
| City of Bluffton | Bluffton | $18.5M | 2 | 4 |
| REID HOSPITAL & HEALTHCARE SERVICES, INC. | RICHMOND | $18.5M | 2 | 1 |
| Housing Authority of the City of Terre Haute | Terre Haute | $18.2M | 10 | 1 |
| Seymour Community School Corporation | Seymour | $18.0M | 5 | 7 |
| REAL Services, Inc. and Affiliates | South Bend | $18.0M | 9 | 1 |
| Highpoint Health | Lawrenceburg | $17.9M | 1 | 1 |
| Clay Community Schools | Brazil | $17.8M | 5 | 21 |
| Clark-Pleasant Community School Corporation | Whiteland | $17.5M | 4 | 12 |
| University of Saint Francis | Fort Wayne | $17.4M | 10 | 1 |
| LAKE COUNTY | CROWN POINT | $17.4M | 8 | 14 |
| Vanderburgh County | Evansville | $17.4M | 9 | 0 |
| Noblesville Schools | Noblesville | $17.2M | 5 | 15 |
| New Castle Community School Corporation | New Castle | $17.0M | 5 | 19 |
| Beech Grove City Schools | Beech Grove | $16.9M | 5 | 36 |
| Lake Ridge Schools | Gary | $16.9M | 5 | 31 |
| Volunteers of America Ohio & Indiana LOW-RISK | Indianapolis | $16.8M | 10 | 1 |
| Brownsburg Community School Corporation | Brownsburg | $16.4M | 5 | 18 |
| Grace Schools | Winona Lake | $16.3M | 10 | 0 |
| CICOA Aging & In-Home Services, Inc. | Indianapolis | $16.3M | 10 | 12 |
| Vincennes Community School Corporation | Vincennes | $16.2M | 5 | 10 |
| HUMAN SERVICES, INC. LOW-RISK | CLIFFORD | $16.0M | 9 | 0 |
| Muncie Community Schools | Muncie | $15.9M | 9 | 23 |
| Monroe County | Bloomington | $15.7M | 8 | 1 |
| The Corporation of Saint Mary's College, Notre Dame LOW-RISK | Notre Dame | $15.6M | 10 | 0 |
| Logansport Community School Corporation | Logansport | $15.5M | 5 | 4 |
| Mental Health Association in Indiana, Inc. d/b/a Mental Health America of Indiana, Inc. | Indianapolis | $15.5M | 9 | 1 |
| Indianapolis Private Industry Council, Inc. d/b/a EmployIndy | Indianapolis | $15.2M | 10 | 13 |
| Rose-Hulman Institute of Technology LOW-RISK | Terre Haute | $14.8M | 10 | 3 |
| Elkhart and St. Joseph Counties Head Start Consortium | South Bend | $14.7M | 6 | 15 |
| CROSSROADS YOUNG MENS CHRISTIAN ASSOCIATION INC | Crown Point | $14.6M | 3 | 2 |
| Porter County | Valparaiso | $14.5M | 9 | 5 |
| CITY OF CROWN POINT | CROWN POINT | $14.1M | 10 | 3 |
| Interlocal Community Action Program. Inc. LOW-RISK | New Castle | $14.1M | 10 | 1 |
| Housing Authority of the City of Anderson LOW-RISK | Anderson | $14.0M | 10 | 8 |
| HealthNet, Inc. LOW-RISK | Indianapolis | $14.0M | 9 | 2 |
| Franklin Community School Corporation | Franklin | $13.9M | 5 | 8 |
| REAL Services, Inc. LOW-RISK | South Bend | $13.9M | 1 | 0 |
| Tri-State Food Bank, Inc. LOW-RISK | Evansville | $13.8M | 10 | 6 |
| Center Grove Community School Corporation | Greenwood | $13.7M | 5 | 6 |
| CITY OF KOKOMO | KOKOMO | $13.7M | 10 | 5 |
| Hamilton County Area Neighborhood Development, Inc. | Noblesville | $13.6M | 9 | 3 |
| KING'S DAUGHTERS' HEALTH | MADISON | $13.6M | 1 | 0 |
| Jennings County School Corporation | North Vernon | $13.5M | 4 | 9 |
| Regenstrief Institute, Inc. LOW-RISK | Indianapolis | $13.5M | 10 | 0 |
| Valparaiso Community Schools | Valparaiso | $13.5M | 5 | 12 |
| School City of Hobart | Hobart | $13.4M | 5 | 14 |
| The Indianapolis Foundation | Indianapolis | $13.4M | 3 | 1 |
| BEACON HEALTH SYSTEM, INC. | South Bend | $13.4M | 10 | 18 |
| Plymouth Community School Corporation | Plymouth | $13.3M | 5 | 23 |
| Indiana Health Centers, Inc. LOW-RISK | Indianapolis | $13.3M | 10 | 5 |
| Jay School Corporation | Portland | $13.2M | 5 | 6 |
| Crown Point Community School Corporation | Crown Point | $13.1M | 5 | 6 |
| Indiana Legal Services, Inc. | INDIANAPOLIS | $13.0M | 10 | 16 |
| Duneland School Corporation | Chesterton | $13.0M | 5 | 8 |
| South Central Community Action Program, Inc. LOW-RISK | Bloomington | $13.0M | 9 | 0 |
| Crawfordsville Community School Corporation | Crawfordsville | $13.0M | 5 | 26 |
| Wabash General Hospital LOW-RISK | Mount Carmel | $12.9M | 6 | 0 |
| WESTFIELD WASHINGTON SCHOOLS | Westfield | $12.8M | 5 | 17 |
| Community Action Program of Evansville and Vanderburgh County, Inc. and Subsidiary LOW-RISK | Evansville | $12.8M | 9 | 0 |
| Salem University LLC LOW-RISK | Indianapolis | $12.7M | 1 | 8 |
| Housing Authority of the City of New Albany LOW-RISK | New Albany | $12.6M | 10 | 1 |
| BLOOMINGTON PUBLIC TRANSPORTATION CORPORATION LOW-RISK | BLOOMINGTON | $12.6M | 10 | 1 |
| HOUSING AUTHORITY OF THE CITY OF EAST CHICAGO LOW-RISK | EAST CHICAGO | $12.5M | 5 | 2 |
| The Center of Workforce Innovations LOW-RISK | Valparaiso | $12.4M | 10 | 0 |
| Metropolitan School District of Southwest Allen County | Fort Wayne | $12.4M | 5 | 21 |
| St. Joseph County | South Bend | $12.4M | 9 | 8 |
| WARSAW COMMUNITY SCHOOLS | WARSAW | $12.4M | 1 | 4 |
| City of Gary | Gary | $12.3M | 9 | 13 |
| Shelbyville Central Schools | Shelbyville | $12.2M | 5 | 14 |
| AHP - KNOLLWOOD CROSSING I, LLC LOW-RISK | CARMEL | $12.2M | 5 | 0 |
| HOOSIER UPLANDS ECONOMIC DEVELOPMENT CORPORATION AND AFFILIATES LOW-RISK | MITCHELL | $12.2M | 9 | 0 |
| Tippecanoe County, Indiana | Lafayette | $12.1M | 10 | 0 |
| Greenfield-Central Community School Corporation | Greenfield | $12.1M | 5 | 17 |
| Mooresville Consolidated School Corporation | Mooresville | $12.1M | 5 | 26 |
| PENN-HARRIS-MADISON SCHOOL CORPORATION | MISHAWAKA | $12.1M | 3 | 19 |
| Community Schools of Frankfort | Frankfort | $12.0M | 5 | 16 |
| Greenwood Community School Corporation | Greenwood | $11.8M | 4 | 5 |
| Switzerland County School Corporation | Vevay | $11.5M | 5 | 14 |
| DePauw University LOW-RISK | Greencastle | $11.5M | 10 | 0 |
| Washington Community Schools, Inc. | Washington | $11.5M | 5 | 20 |
| Madison Consolidated Schools | MADISON | $11.5M | 5 | 42 |
| South Adams Schools | Berne | $11.5M | 5 | 9 |
| HOUSING AUTHORITY OF THE CITY OF LAFAYETTE LOW-RISK | Lafayette | $11.5M | 10 | 0 |
| Northwest Allen County Schools | Fort Wayne | $11.5M | 5 | 7 |
| Town of Chandler | Chandler | $11.4M | 2 | 0 |
| North Lawrence Community Schools | Bedford | $11.3M | 5 | 34 |
| HAMILTON COUNTY LOW-RISK | NOBLESVILLE | $11.2M | 10 | 4 |
| Metropolitan School District of Martinsville | Martinsville | $11.2M | 1 | 0 |
| Hamilton Southeastern Schools | Fishers | $11.2M | 8 | 4 |
| Anderson University and Subsidiaries | Anderson | $11.1M | 10 | 9 |
| CITY OF EAST CHICAGO | EAST CHICAGO | $11.1M | 10 | 17 |
| HOUSING AUTHORITY OF KOKOMO LOW-RISK | KOKOMO | $11.0M | 10 | 1 |
| Indiana University Health Inc. | Indianapolis | $10.8M | 9 | 15 |
| Major Hospital | Shelbyville | $10.8M | 2 | 1 |
| CITY OF ELKHART | ELKHART | $10.8M | 9 | 9 |
| Area IV Agency on Aging and Community Action Programs, Inc. | Lafayette | $10.7M | 9 | 2 |
| RIVERVIEW HOSPITAL | NOBLESVILLE | $10.7M | 2 | 1 |
| Greater Lafayette Public Transportation Corporation LOW-RISK | Lafayette | $10.6M | 10 | 0 |
| AWS Foundation, Inc LOW-RISK | Fort Wayne | $10.6M | 4 | 0 |
| PLAINFIELD COMMUNITY SCHOOL CORPORATION | Plainfield | $10.5M | 5 | 6 |
| Middlebury Community Schools | Middlebury | $10.4M | 5 | 25 |
| Taylor University And Affiliates | Upland | $10.4M | 10 | 0 |
| Franklin College LOW-RISK | Franklin | $10.3M | 10 | 0 |
| Muncie Housing Authority LOW-RISK | Muncie | $10.2M | 4 | 3 |
| South Harrison Community School Corporation | Corydon | $10.2M | 5 | 27 |
| East Noble School Corporation | Kendallville | $10.2M | 5 | 18 |
| Marion County, Indiana LOW-RISK | Indianapolis | $10.1M | 10 | 0 |
| Mississinewa Community School Corporation | Gas City | $10.1M | 5 | 4 |
| City of Lafayette | Lafayette | $10.1M | 10 | 2 |
| New Prairie United School Corporation | New Carlisle | $10.0M | 5 | 30 |
| Vigo County | Terre Haute | $9.9M | 9 | 6 |
| JobWorks, Inc. LOW-RISK | Fort Wayne | $9.9M | 10 | 0 |
| LINCOLN HILLS DEVELOPMENT CORPORATION AND RELATED ENTITIES LOW-RISK | TELL CITY | $9.9M | 10 | 0 |
| LINTON HOUSING AUTHORITY | LINTON | $9.8M | 8 | 1 |
| Drexel Foundation for Educational Excellence, Inc. d/b/a Thea Bowman Leadership Academy LOW-RISK | Gary | $9.8M | 10 | 5 |
| WESTERN INDIANA COMMUNITY ACTION AGENCY, INC. LOW-RISK | TERRE HAUTE | $9.7M | 10 | 4 |
| 1ST KIDS, INC. LOW-RISK | CROWN POINT | $9.7M | 10 | 5 |
| Rochester Community School Corporation | Rochester | $9.6M | 5 | 27 |
| Dekalb County Central United School District | Waterloo | $9.6M | 5 | 14 |
| Kankakee Valley School Corporation | Wheatfield | $9.6M | 5 | 16 |
| SCOTT COUNTY SCHOOL DISTRICT 2 | SCOTTSBURG | $9.5M | 5 | 51 |
| Jackson County | Brownstown | $9.5M | 9 | 4 |
| Community Action of Greater Indianapolis, Inc. LOW-RISK | Indianapolis | $9.5M | 9 | 0 |
| City of Muncie | Muncie | $9.5M | 9 | 28 |
| Griffith Public Schools | Griffith | $9.4M | 5 | 31 |
| South Madison Community School Corporation | Pendleton | $9.4M | 4 | 10 |
| Ohio Valley Opportunities, Inc. LOW-RISK | Madison | $9.4M | 10 | 0 |
| Adams Central Community Schools | Monroe | $9.4M | 5 | 9 |
| WITHAM HEALTH SERVICES | LEBANON | $9.3M | 2 | 0 |
| Southwest Dubois County School Corporation | Huntingburg | $9.2M | 5 | 12 |
| Westview School Corporation | Topeka | $9.2M | 4 | 8 |
| HENRY COUNTY MEMORIAL HOSPITAL | NEW CASTLE | $9.2M | 2 | 0 |
| INDIANAPOLIS ZOOLOGICAL SOCIETY, INC. | INDIANAPOLIS | $9.2M | 1 | 0 |
| Peru Community Schools | Peru | $9.1M | 4 | 16 |
| Housing Authority of the City of Hammond, Indiana | Hammond | $9.1M | 9 | 1 |
| HOUSING AUTHORITY OF THE CITY OF ELKHART, INDIANA LOW-RISK | ELKHART | $9.0M | 6 | 1 |
| City of Terre Haute | Terre Haute | $8.9M | 9 | 8 |
| City of Anderson | Anderson | $8.9M | 9 | 8 |
| Alexandria Community School Corporation | Alexandria | $8.8M | 5 | 21 |
| The John H. Boner Community Center, Inc LOW-RISK | Indianapolis | $8.8M | 14 | 3 |
| Whitley County Consolidated Schools | Columbia City | $8.8M | 4 | 7 |
| Madison County Indiana | Anderson | $8.8M | 9 | 20 |
