| Kelly Services, Inc. | Troy | $627M |
| Kent County | | $11M |
| Kent County | Grand Rapids | $12M |
| Keo & Associates Inc | Detroit | $20M |
| Kettering University | | $10M |
| Kevadiya Inc. | | $34M |
| Keweenaw Bay Indian Community | Baraga | $122M |
| Keweenaw Bay Ojibwa Community College | | $8.1M |
| King Co Inc | Holland | $42M |
| Kings II Corp | | $13M |
| Kirtland Community College | Grayling | $14M |
| Kode Labs, Inc | Detroit | $13M |
| Koniag Integration Solutions, LLC | Warren | $24M |
| L3 Technologies, Inc. | | $25M |
| Lac Vieux Desert Band of Lake Superior Chippewa Indians | Watersmeet | $44M |
| Lake Michigan College | Benton Harbor | $21M |
| Lake Shore Systems, Inc. | Kingsford | $47M |
| Lake State Railway Co | Saginaw | $27M |
| Lake Superior State University | | $13M |
| Lakeland Immediate Care Center | | $9.7M |
| Lansing Community College | | $59M |
| Lansing Housing Commission | Lansing | $93M |
| Lansing School District | Lansing | $34M |
| Lanzen, Incorporated | | $13M |
| Lawrence Park Preservation II Limited Dividend Housing Association, LLC | | $11M |
| Lawrence Technological University | Southfield | $16M |
| Lexington Village Preservation II Limited Dividend Housing Association, LLC | | $16M |
| LGC Global, Inc. | | $1.3M |
| Licensing and Regulatory Affairs, Department of | Lansing | $140M |
| Lincoln Park Housing Commission | | $10M |
| Little River Band of Ottawa Indians | Manistee | $36M |
| Little River Government Contracting, LLC | Manistee | $42M |
| Little Traverse Bay Bands of Odawa Indians | Harbor Springs | $79M |
| Livingston Educational Service Agency | Howell | $8.8M |
| Loc Performance Products LLC | Plymouth | $430M |
| Logicalis Inc | | $51M |
| Lpit Solutions, Inc | Grand Rapids | $12M |
| Luxwall Inc | Ypsilanti | $32M |
| M-K Construction Co Inc | Brownstown | $12M |
| Mach 1 Limited Dividend Housing Association LLC | | $8.9M |
| Macomb Community College | | $114M |
| Macomb County | Clinton Township | $10M |
| Macomb Sheet Metal Inc | Clinton Township | $14M |
| Macomb, County of | Clinton Township | $50M |
| Madison Electric Co | | $11M |
| Madonna University | | $13M |
| Manistee Blacker Airport | | $13M |
| Mass Transportation Authority | Flint | $39M |
| Match-e-Be-Nash-She-Wish Band of Pottawatomi | Shelbyville | $29M |
| Matrix Human Services | Detroit | $145M |
| Maxar Mission Solutions Inc | | $33M |
| MBS International Airport Commision | Freeland | $17M |
| McDonald Square 2023 Limited Dividend Housing Association, LLC | | $9.0M |
| MCL Jasco Inc | Detroit | $27M |
| McLaren Port Huron | Port Huron | $13M |
| Menominee-Delta-Schoolcraft Community Ac | Escanaba | $18M |
| Merit Network Inc | Ann Arbor | $61M |
| Metalworks Inc | Ludington | $7.1M |
| Metropolitan Children and Youth, Inc. - Renaissance Head Start | | $8.9M |
| Metropolitan Children and Youth, Inc. - United Children and Family Head Start | Detroit | $21M |
| MGH Family Health Center | | $9.7M |
| MI Department of Attorney General | Lansing | $22M |
| Michigan Bell Telephone Company, LLC | | $15M |
| Michigan Center for Rural Health | | $12M |
| Michigan Central Broadband Company, LLC | Carney | $15M |
| Michigan Department of Agriculture and Rural Development | Lansing | $44M |
| Michigan Department of Education | Lansing | $8.7B |
| Michigan Department of Environment, Great Lakes, and Energy | Lansing | $1.7B |
| Michigan Department of Health and Human Services | Lansing | $100B |
| Michigan Department of Labor and Economic Opportunity | Okemos | $616M |
| Michigan Department of Labor and Economic Opportunity | Okemos | $2.7B |
| Michigan Department of Labor and Economic Opportunity | Lansing | $86M |
| Michigan Department of State | Lansing | $1.2B |
| Michigan Family Resources | Grand Rapids | $91M |
| Michigan Institute of Aeronautics, Inc. | | $23M |
| Michigan Milk Producers Association | Novi | $2.7M |
| Michigan Non Profit Housing Corporation | | $11M |
| Michigan Nonprofit Housing Corp | | $11M |
| Michigan Public Health Institute | Okemos | $42M |
| Michigan State Housing Development Authority | Lansing | $235M |
| Michigan State of | | $112M |
| Michigan State University | East Lansing | $171M |
| Michigan State University | East Lansing | $1.7B |
| Michigan Statewide Educational Network Consortium | | $12M |
| Michigan Strategic Fund | Lansing | $154M |
| Michigan Technological University | Houghton | $183M |
| Michigan Technological University | | $27M |
| Mid Michigan College | | $25M |
| Mid Michigan Community Action Agency, Inc. | Farwell | $17M |
| Midmichigan Health Services | | $12M |
| Midwest Energy Cooperative | Cassopolis | $1.8M |
| Milham Affordable Limited Dividend Housing Association | | $10M |
| Military & Vet Affairs DEPT | Lansing | $383M |
| Millerknoll Inc | Zeeland | $43M |
| MLK-312 Limited Dividend Housing Association Limited Partnership | | $15M |
| Monroe County Community College | Monroe | $20M |
| Monroe County Intermediate School District | Monroe | $16M |
| Montcalm Community College | | $9.5M |
| Morrish-Wallace Construction, Inc. | Cheboygan | $95M |
| Motown Historical Museum | Detroit | $10M |
| Muskegon City | Muskegon | $14M |
| Muskegon Community College | | $23M |
| Muskegon Heights Housing Commission | Muskegon | $15M |
| MVL Builders JV LLC | Lansing | $30M |
| MVL USA Inc | Lansing | $239M |
| MVL-Bromgrove JV LLC | Lansing | $161M |
| Mycare Health Center | | $9.0M |
| National Center for Manufacturing Sciences Inc | Ann Arbor | $3.3B |
| National Food Group Inc | | $13M |
| National Services Plus, Inc. | Newberry | $12M |
| ND Defense LLC | Madison Heights | $138M |
| Neighborhood Service Organization | | $9.9M |
| New Horizons Rehabilitation Services, Inc. | | $13M |
| New ST Paul Tabernacle Church of God in Christ Head Start Agency, Inc | | $55M |
| New Zion Manor Limited Partnership | | $9.8M |
| Nextech Lintech LLC | Southfield | $87M |
| NHF 2021 Limited Dividend Housing Association L.L.C. | Harper Woods | $20M |
| Nisou Enterprises Inc | Farmington Hills | $54M |
| Nisou LGC JV II LLC | Detroit | $56M |
| Nisou LGC JV, LLC | Detroit | $7.7M |
| NLGC JV LLC | Detroit | $67M |
| Noble Gas Systems Inc. | Wixom | $8.6M |
| Nora Contracting & Hagerman LLC | Detroit | $29M |
| North Central Michigan College | Petoskey | $13M |
| North Hills Farms Limited Partnership | | $16M |
| Northeast Michigan Community Service Agency, Inc | Alpena | $118M |
| Northern Michigan University | Marquette | $87M |
| Northwest Michigan Community Action Agency, Inc | Traverse City | $59M |
| Northwest Michigan Health Services, Inc | | $15M |
| Northwest Regional Airport Authority | Traverse City | $38M |
| Northwestern Michigan College | Traverse City | $25M |
| Northwood University | | $14M |
| Nottawaseppi Huron Band of the Potawatomi | Fulton | $39M |
| Oakland Community College Foundation | | $19M |
| Oakland Integrated Healthcare Network | Pontiac | $31M |
| Oakland Livingston Human Service Agency | Pontiac | $51M |
| Oakland Park Towers II Apartments, LLC | | $15M |
| Oakland University | Rochester | $147M |
| Oasis Advanced Engineering, Inc. | Lake Orion | $4.6M |
| Office Design & Furnishings LLC | Jackson | $16M |
| Opatik Defense Manufacturing, LLC | | $12M |
| Operative Plasterers & Cement Masons Local No. 109 Pension Plan | | $14M |
| Original Footwear Manufacturing BR Inc | Big Rapids | $67M |
| Ottawa County | West Olive | $11M |
| Ottawa County Community Mental Health | Holland | $11M |
| Oxford Square Limited Dividend Housing Association Limited Partnership | | $9.4M |
| Packers Canning Co Inc | Lawton | $71M |
| Par Sterile Products, LLC | Rochester | $68M |
| Park Forest Limited Divided Housing Association | | $9.1M |
| Parkview 2011 Limited Dividend Housing Association L.L.C. | | $15M |
| Parkway Meadows Ann Arbor Limited Dividend Housing Association, LLC | | $24M |
| Peckham Vocational Industries, Inc. | Lansing | $979M |
| Peninsula Fiber Network LLC | Marquette | $62M |
| People Driven Technology Inc | | $22M |
| Peterson Farms Inc | Shelby | $52M |
| PH Housing Commission | Port Huron | $40M |
| Pigeon Telephone Company | | $11M |
| Planewave Instruments Inc | Adrian | $22M |
| PM Jenkins Group-Professional Management Services LLC | Kalamazoo | $28M |
| Pokagon Band of Potawatomi | Dowagiac | $96M |
| Pontiac Drywall Systems Inc. | Pontiac | $18M |
| Port of Monroe | Monroe | $11M |
| Pratt & Miller Engineering & Fabrication, LLC | New Hudson | $80M |
| Prestolite Electric Inc | | $7.9M |
| Progressive Surface Inc | Grand Rapids | $9.5M |
| Proquest LLC | | $26M |
| Prudential Protective Services LLC | Monroe | $40M |
| R. A. Miller Industries, Inc. | Grand Haven | $17M |
| Rahf IV Autumn Ridge Limited Dividend Housing Association, LLC | | $11M |
| Rahf IV North Port LLC | | $9.0M |
| Rahf IV Plymouth Limited Dividend Housing Association, LLC | | $11M |
| Rainbow Terrace 2021 L.L.C. | | $21M |
| RB Construction Company | Mount Clemens | $39M |
| Redoxblox, Inc | San Diego | $6.7M |
| Regents of the University of Michigan | Ann Arbor | $4.4B |
| Regents of the University of Michigan | Flint | $65M |
| Regents of the University of Michigan | Dearborn | $85M |
| Regional Transit Authority of Southeast Michigan | Detroit | $36M |
| Renk America LLC | Muskegon | $721M |
| Revex Technologies, Inc. | Houghton | $123M |
| River Rouge Housing | River Rouge | $12M |
| River Terrace Apartments/MHT Limited Dividend Housing Associationlimited Partnership | | $9.1M |
| River Towers Limited Dividend Housing Association Limited Partnership | | $12M |
| River Village 2010 Limited Dividend Housing Association LLC | | $12M |
| Riveridge Produce Marketing Inc | Sparta | $27M |
| Robbert Construction, Inc | Lakeview | $21M |
| Robert Bosch LLC | Farmington | $45M |
| Rolls-Royce Solutions America Inc | Novi | $390M |
| Ronal Industries, Inc. | Sterling Heights | $21M |
| Ross Education Holdings, Inc. | | $18M |
| Ross Education Holdings, Inc. | | $15M |
| Ross Education Holdings, Inc. | | $11M |
| Ross Education Holdings, Inc. | | $60M |
| RTI Laboratories Inc | Livonia | $8.7M |
| Ryan Court II 2015 Limited Dividend Housing Association LLC | | $11M |
| Rydberg Technologies Inc | Ann Arbor | $11M |
| Saginaw Chippewa Indian Tribe | Mount Pleasant | $76M |
| Saginaw Chippewa Tribal College | Mount Pleasant | $13M |
| Saginaw Housing Commission | Saginaw | $54M |
| Saginaw Intermediate School District | Saginaw | $41M |
| Saginaw Transit Authority Regional Services | Saginaw | $21M |
| Saginaw Valley State University | | $56M |
| Samaritas | Detroit | $25M |
| Satellite Services Inc | Marquette | $64M |
| Sault Ste Marie Tribe of Chippewa Indians | Sault Sainte Marie | $253M |
| Sault Tribe Housing Authority | Kincheloe | $38M |
| Sault Tribe Solution Services, LLC | Sault Sainte Marie | $16M |
| Sawyer Services Inc | Chesterfield | $23M |
| School District of City of Pontiac | Pontiac | $16M |
| Schoolcraft Community College District | | $62M |
| Sealandaire Technologies, Inc. | Jackson | $37M |
| Sehi Computer Products Inc | | $9.9M |
| Seven Generations Architecture & Engineering LLC | Kalamazoo | $55M |
| Shoreline Fruit LLC | Traverse City | $25M |
| Siena Heights University | Adrian | $14M |
| Six-Nations Inc | Brighton | $10.0M |
| SK Siltron CSS, LLC | Bay City | $9.7M |
| Sni United LLC | Wayne | $26M |
| Southeast Michigan Community Alliance, Inc | Taylor | $3.7M |
| Southern Automotive Wholesalers, Inc | Pontiac | $23M |
| Southfield River Park Place Limited Dividend Housing Association LLC | | $11M |
| Southwest Counseling Solutions, Inc. | Detroit | $22M |
| Southwest Michigan COMM Inc | Bloomingdale | $12M |
| Southwestern Michigan College | | $20M |
| Southwestern Michigan Commission | Benton Harbor | $23M |
| Spaulding for Children | Southfield | $34M |
| Special Transportation | | $10M |
| Spring Arbor University | | $8.8M |
| Spring Lake Village 2008 Limited Dividend Housing Association L.L.C | | $8.6M |
| Ssi Technology Inc | Sterling Heights | $13M |
| ST Clair County Community College | | $22M |
| ST Clair Shores Housing Commission | | $8.5M |
| ST Paul Saginaw 2009 Limited Dividend Housing Association Limited Partnership | | $9.5M |
| Starfish Family Services, Inc. | Inkster | $99M |
| State of Michigan | Lansing | $771M |
| State of Michigan | | $40M |
| State of Michigan | Dimondale | $1.9B |
| State of Michigan Department of Management & Budget | Lansing | $12M |
| State of Michigan Office of Financial MGMT | | $100M |
| State of Michigan Treasury Deptt | Lansing | $9.0M |
| Steelcase Inc. | Grand Rapids | $99M |
| Sterling Area Health Center | | $13M |
| Stout Risius Ross, LLC | | $13M |
| Stratus Security Management Inc | Detroit | $15M |
| Stryker Sales, LLC | | $26M |
| Stryker Sales, LLC | Portage | $87M |
| Stryker Sales, LLC | | $9.6M |
| Suburban Mobility Authority for Regional Transportation | Detroit | $127M |
| SW OH Regional Council Carpenters Pension | | $183M |
| Sygnetics, Inc | Clinton Township | $9.3M |
| Taylor Community Development Corporation | | $21M |
| Taylor Housing Commission, City of | | $34M |
| Testek LLC | Wixom | $37M |
| Tetra Tech/Mason & Hanger Joint Venture | Ann Arbor | $35M |
| The Christman Company | Lansing | $37M |
| The Community Action Agency of South Central Michigan | Battle Creek | $44M |
| The Dow Chemical Company | Midland | $195M |
| The Greening of Detroit | Detroit | $10M |
| The Guidance Center | | $33M |
| The Michigan Primary Care Association | | $12M |
| The Order of the Fishermen Ministry Head Start Program, Inc. | Detroit | $18M |
| The Stratagem Group LLC | Ypsilanti | $14M |
| The University of Olivet | Olivet | $12M |
| The Wellness Plan | | $9.5M |
| Thermoanalytics, Inc. | Calumet | $10M |
| Thunder Bay Community Health Service Inc | | $14M |
| Transportation, Michigan Department of | Lansing | $7.2B |
| Transportation, Michigan Department of Passenger Transportation Divsion | Lansing | $209M |
| Traverse City Housing Commission | | $11M |
| Tri County Council for Child Development | Paw Paw | $48M |
| Trijicon, Inc. | Wixom | $90M |
| Trillamed LLC | Bingham Farms | $501M |
| Trinity Health Corporation | Livonia | $9.7M |
| Trinity Health-Michigan | | $9.8M |
| Tsrl, Inc. | Ann Arbor | $12M |
| Unified Business Technologies, Inc. | Troy | $50M |
| Unique Technical Solutions Inc | Rochester Hills | $4.2M |
| United States Advanced Battery Consortium LLC | Southfield | $13M |
| University of Detroit Mercy | Detroit | $46M |
| Upper Great Lakes Family Health Center | | $15M |
| Upper Peninsula Telephone Co | | $144M |
| US Turbine & Accessory LLC | Taylor | $14M |
| Valley Mechanical Inc | Menominee | $8.9M |
| Van Andel Research Institute | Grand Rapids | $106M |
| Vector Tech Group | | $15M |
| Venturedyne LTD | Holland | $9.8M |
| VHS Children's Hospital of Michigan, Inc | | $59M |
| Volunteers of America Michigan, Inc | Southfield | $22M |
| Walsh Service Solutions LLC | Kalamazoo | $22M |
| Waseyabek Federal Services, L.L.C. | Grand Rapids | $57M |
| Washtenaw Community College | | $65M |
| Washtenaw Intermediate School District | Ann Arbor | $22M |
| Waterford Meadows Limited Dividend Housing Association Limited Partnership | | $8.9M |
| Wayne County Airport Authority | Detroit | $228M |
| Wayne County Community College District | Detroit | $87M |
| Wayne County Neighborhood Legal Services | Detroit | $28M |
| Wayne Metropolitan Community Action Agency | Detroit | $97M |
| Wayne State University | Detroit | $563M |
| WE2 Support Services 8A JV LLC | | $119M |
| Wedgewood Village 2010 LLC | | $25M |
| West Michigan Railroad Co | Paw Paw | $8.7M |
| Western Michigan University | Kalamazoo | $87M |
| Western Michigan University | | $85M |
| Western Michigan University Homer Stryker M.D. School of Medicine | Kalamazoo | $11M |
| Western Wayne Family Health Centers | | $21M |
| William Beaumont Hospital | Southfield | $11M |
| Williams International Co., L.L.C. | Pontiac | $308M |
| Wolverine Power Supply Cooperative, Inc. | Cadillac | $652M |
| Woodward FST, Inc | Zeeland | $30M |
| Wright Tool Company, LLC | Warren | $192M |
| Wyoming Housing Commission Inc | | $52M |
| Ypsilanti Community Schools | Ypsilanti | $11M |