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Elon Musk Claims Children Under 11 Secured $330 Million in SBA Loans

Elon Musk revealed that the Department of Government Efficiency found over $300 million in loans were given to children under 11 years old, including a nine-month-old who secured a $100,000 loan.
President Donald Trump mentioned his administration's efforts in cutting fraudulent contracts during a cabinet meeting, including loans to underage individuals.
The Department of Government Efficiency announced changes to loan applications, including requiring date of birth collection and pausing loans for those under 18 and over 120 years old.
Musk stated that these measures are initial steps to minimize fraud in government payment programs, including loans to children and individuals with stolen identities.

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The Lid

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DOGE Discovers, Cancels Fraudulent $330 Million Small Business Loans to Children

U.S. Small Business Administration Kelly Loeffler announced this week that Elon Musk and DOGE have discovered a chunk of fraudulent $330 million loans one of which was issued to a 9-month-old child. This is the kind of garbage that has been going on in our government for decades. And now we finally have a president […] The post DOGE Discovers, Cancels Fraudulent $330 Million Small Business Loans to Children appeared first on The Lid.

3 days ago

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Conservative Firing Line

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DOGE Discovers, Cancels Fraudulent $330 Million Small Business Loans to Children ⋆ Conservative Firing Line

The following article, DOGE Discovers, Cancels Fraudulent $330 Million Small Business Loans to Children, was first published on Conservative Firing Line. U.S. Small Business Administration Kelly Loeffler announced this week that Elon Musk and DOGE have discovered a chunk of fraudulent $330 million loans one of which was issued to a 9-month-old child. This is the kind of garbage that has been going on in our government for decades. And now we fin…

2 days ago

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Chicks On The Right

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Babies and Loans: Elon Discusses Fraud at the Small Business Administration

I’m all for kids being high achievers and all, but a 9-month-old receiving a loan for $100,000 seems a little sus. But what do I know? […]

3 days ago

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The Post Millennial

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Small Business Administration gave $330 MILLION in loans to children under 11: DOGE

Musk said that the youngest "was a nine-month year old who got a $100,000 loan. That’s a very precocious baby we’re talking about here."

3 days ago·Toronto, Canada

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Breitbart

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Musk: DOGE Discovered More Than $300 Million in SBA Loans to Kids

Elon Musk revealed that DOGE discovered the Small Business Administration (SBA) had given more than $300 million in loans to children under 11 years old.

4 days ago·United States

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VINnews

Center

Elon Musk Claims Children Under 11 Secured $330 Million in SBA Loans

WASHINGTON D.C (VINnews)-Elon Musk reported at today’s cabinet meeting that children under the age of 11 have collectively taken out Small Business Administration (SBA) loans amounting to a staggering $330 million. The tech billionaire and CEO of Tesla and SpaceX made the statement during a recent discussion, raising eyebrows about the credibility and oversight of […]

4 days ago

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