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DOGE says $312M in loans were given to children during COVID pandemic

  • The Department of Government Efficiency reported that the Small Business Administration granted 5,593 loans totaling $312 million to individuals listed as 11 years old or younger during the COVID-19 pandemic years of 2020 and 2021.
  • DOGE found that the SBA also issued 3,095 loans for $333 million to borrowers over 115 years old, including one individual listed as 157 years old who received $36,000 in loans.
  • Following its findings, DOGE and the SBA are conducting an investigation into these loans and have faced criticism and lawsuits regarding their access to Social Security data.
  • A group of labor unions has challenged DOGE's access to Social Security data, seeking a court order to block this access in federal court.
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Lucianne broke the news in on Sunday, March 9, 2025.
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