The Department of Government Efficiency (DOGE) announced has the agency has identified more than $300 million in COVID-era loans were granted to children.
According to DOGE, they have identified that the Small Business Administration (SBA) granted almost 5,600 loans between 2020 and 2021 for $312 million to borrowers where, at the time of the loan, the listed owner was 11 years old or younger.
DOGE shared on X, “In 2020-2021, SBA granted 5,593 loans for $312M to borrowers whose only listed owner was 11 years old or younger at the time of the loan.”
“While it is possible to have business arrangements where this is legal, that is highly unlikely for these 5,593 loans, as they all also used an SSN with the incorrect name.”
In 2020-2021, SBA granted 5,593 loans for $312M to borrowers whose only listed owner was 11 years old or younger at the time of the loan. While it is possible to have business arrangements where this is legal, that is highly unlikely for these 5,593 loans, as they all also used… https://t.co/PHCd4l7qFs
— Department of Government Efficiency (@DOGE) March 9, 2025
Doge also shared that the curious loans also involve borrowers over 115 years old.
“In 2020-2021, @SBAgov issued 3,095 loans, including PPP (Paycheck Protection Program) and EIDL (Economic Injury Disaster Loan), for $333M to borrowers over 115 years old who were still marked as alive in the Social Security database.”
“In one case, a 157 years old individual received $36k in loans. ”
In 2020-2021, @SBAgov issued 3,095 loans, including PPP (Paycheck Protection Program) and EIDL (Economic Injury Disaster Loan), for $333M to borrowers over 115 years old who were still marked as alive in the Social Security database.
In one case, a 157 years old individual… https://t.co/5NnCgin5Li
— Department of Government Efficiency (@DOGE) March 4, 2025
In February, The Gateway Pundit reported that DOGE unearthed jaw-dropping irregularity from the U.S. Social Security database.
According to Elon Musk, over 25 million Americans registered aged 100 and older.
“According to the Social Security database, these are the numbers of people in each age bucket with the ‘death’ field set to FALSE. Maybe Twilight is real, and there are a lot of vampires collecting Social Security,” Musk added.
According to the Social Security database, these are the numbers of people in each age bucket with the death field set to FALSE!
Maybe Twilight is real and there are a lot of vampires collecting Social Security pic.twitter.com/ltb06VX98Z
— Elon Musk (@elonmusk) February 17, 2025
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