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Loans for Small Businesses Misused in COVID Pandemic

Mar 10, 2025 | Government, Politics, White House

The Department of Government (DOGE) discovered that children received over $300 million in COVID-19 relief loans. Key findings include:

  • 5,593 loans worth $312 million were granted to children 11 or younger, using incorrect SSNs.
  • DOGE and SBA are addressing this issue this week.
  • During 2020-2021, SBA also issued 3,095 loans totaling $333 million to individuals over 115, with one person allegedly aged 157 receiving a $36,000 loan.
  • President Trump critiqued instances of improbable ages, focusing on the presence of millions aged 100+ on the Social Security database.

Tags #Government, #Politics, #WhiteHouse

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