Elon Musk Claims DOGE Discovered $330 Million in SBA Loans Given to KidsElizabeth Weibel 24 Mar 2025
Elon Musk revealed that the Department of Government Efficiency (DOGE) discovered the Small Business Administration (SBA) had given more than $300 million in loans to children under 11 years old.
During a cabinet meeting on Monday at the White House, President Donald Trump spoke about how his administration had done a lot of “cutting,” specifically in relation to people who “weren’t attending jobs” or doing their jobs. Trump also spoke about how his administration was finding “fraudulent contracts,” and noted that Musk and his team at DOGE had “caught” many fraudulent contracts.
“A case of fraud was with the Small Business Administration, where they were handing out loans — $330 million worth of loans to people under the age of 11,” Musk revealed. “I think the youngest, Kelly, was a nine-month year old who got a $100,000 loan. That’s a very precocious baby we’re talking about here.”
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https://www.breitbart.com/politics/2025/03/24/elon-musk-claims-doge-discovered-330-million-sba-loans-given-kids/
