About 12% of outstanding PPRF loans are to counties and about 33% are to municipalities. Educational institutions including school districts and higher education institutions total about 28% of the outstanding PPRF loan portfolio. PPRF loans to the State of New Mexico are about 13% and about 7% of loans are to Native American Tribes in New Mexico. Water, sewer and other utility districts total about 3%. The remainder of loans are to hospitals and to special improvement districts.