The Division of Authorities Effectivity (DOGE) introduced has the company has recognized greater than $300 million in COVID-era loans have been granted to youngsters.
Based on DOGE, they’ve recognized that the Small Enterprise Administration (SBA) granted nearly 5,600 loans between 2020 and 2021 for $312 million to debtors the place, on the time of the mortgage, the listed proprietor was 11 years previous or youthful.
DOGE shared on X, “In 2020-2021, SBA granted 5,593 loans for $312M to debtors whose solely listed proprietor was 11 years previous or youthful on the time of the mortgage.”
“Whereas it’s attainable to have enterprise preparations the place that is authorized, that’s extremely unlikely for these 5,593 loans, as all of them additionally used an SSN with the wrong identify.”
In 2020-2021, SBA granted 5,593 loans for $312M to debtors whose solely listed proprietor was 11 years previous or youthful on the time of the mortgage. Whereas it’s attainable to have enterprise preparations the place that is authorized, that’s extremely unlikely for these 5,593 loans, as all of them additionally used… https://t.co/PHCd4l7qFs
— Division of Authorities Effectivity (@DOGE) March 9, 2025
Doge additionally shared that the curious loans additionally contain debtors over 115 years previous.
“In 2020-2021, @SBAgov issued 3,095 loans, together with PPP (Paycheck Safety Program) and EIDL (Financial Harm Catastrophe Mortgage), for $333M to debtors over 115 years previous who have been nonetheless marked as alive within the Social Safety database.”
“In a single case, a 157 years previous particular person obtained $36k in loans. ”
In 2020-2021, @SBAgov issued 3,095 loans, together with PPP (Paycheck Safety Program) and EIDL (Financial Harm Catastrophe Mortgage), for $333M to debtors over 115 years previous who have been nonetheless marked as alive within the Social Safety database.
In a single case, a 157 years previous particular person… https://t.co/5NnCgin5Li
— Division of Authorities Effectivity (@DOGE) March 4, 2025
In February, The Gateway Pundit reported that DOGE unearthed jaw-dropping irregularity from the U.S. Social Safety database.
Based on Elon Musk, over 25 million People registered aged 100 and older.
“Based on the Social Safety database, these are the numbers of individuals in every age bucket with the ‘demise’ area set to FALSE. Possibly Twilight is actual, and there are lots of vampires accumulating Social Safety,” Musk added.
Based on the Social Safety database, these are the numbers of individuals in every age bucket with the demise area set to FALSE!
Possibly Twilight is actual and there are lots of vampires accumulating Social Safety pic.twitter.com/ltb06VX98Z
— Elon Musk (@elonmusk) February 17, 2025
