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Uncovered: $300M in Child Loans During COVID

Mar 10, 2025 | Business, Government, Prominent People

The Department of Government Efficiency (DOGE) uncovered financial irregularities, identifying over $300 million in loans given to children during COVID. These discoveries include:

  • $312 million in loans granted to 5,593 businesses owned by children aged 11 or younger, using incorrect SSNs.
  • $333 million in loans to 3,095 borrowers aged over 115 years, including a 157-year-old who received $36k.

Data from the U.S. Social Security database shows 25 million Americans aged 100 and older, sparking Elon Musk’s comment on potential database inaccuracies.

Tags #Government, #Business, #ProminentPeople

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