Small Business Administration Lends More than 300 Million Dollars to Children

[Seymour Flops]

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

DOGE announced a further wave of contract terminations and said it has identified $312 million worth of loans issued to children aged 11 and younger.

www.yahoo.com

It's not a Biden thing, it's a Deepstate thing.

The Department of Government Efficiency (DOGE) announced a further wave of contract terminations late Saturday, noting that they also identified thousands of cases where more than $300 million in loans were granted to children.

The announcements come as the Elon Musk-led agency continues to root out waste, fraud and corruption in the federal government.

DOGE said it identified that the Small Business Administration (SBA) granted nearly 5,600 loans for $312 million to borrowers whose only listed owner was 11 years old or younger at the time of the loan. The loans were issued in 2020 and 2021 – while the world struggled with the COVID-19 pandemic – and it is unclear what they were used for.

It's clear to me what the funds were used for. To enrich the dishonest people - be they parents, or human traffickers that brought them over the border for just such purposes.

Democrats, are you glad DOGE is rooting out this kind of fraud, or must that be bad because Tesla Man Bad?

 

[MarathonMike]

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

DOGE announced a further wave of contract terminations and said it has identified $312 million worth of loans issued to children aged 11 and younger.

www.yahoo.com

It's not a Biden thing, it's a Deepstate thing.

The Department of Government Efficiency (DOGE) announced a further wave of contract terminations late Saturday, noting that they also identified thousands of cases where more than $300 million in loans were granted to children.

The announcements come as the Elon Musk-led agency continues to root out waste, fraud and corruption in the federal government.

DOGE said it identified that the Small Business Administration (SBA) granted nearly 5,600 loans for $312 million to borrowers whose only listed owner was 11 years old or younger at the time of the loan. The loans were issued in 2020 and 2021 – while the world struggled with the COVID-19 pandemic – and it is unclear what they were used for.

It's clear to me what the funds were used for. To enrich the dishonest people - be they parents, or human traffickers that brought them over the border for just such purposes.

Democrats, are you glad DOGE is rooting out this kind of fraud, or must that be bad because Tesla Man Bad?

OK that REALLY pisses me off. When I was a co-owner of a small business, they wouldn't give us the time of day even though we had EXISTING CONTRACTS and 30 freaking employees!!!! ARRRGHHHH our government SUCKS!!!!!

 

[candycorn]

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

DOGE announced a further wave of contract terminations and said it has identified $312 million worth of loans issued to children aged 11 and younger.

www.yahoo.com

It's not a Biden thing, it's a Deepstate thing.

The Department of Government Efficiency (DOGE) announced a further wave of contract terminations late Saturday, noting that they also identified thousands of cases where more than $300 million in loans were granted to children.

The announcements come as the Elon Musk-led agency continues to root out waste, fraud and corruption in the federal government.

DOGE said it identified that the Small Business Administration (SBA) granted nearly 5,600 loans for $312 million to borrowers whose only listed owner was 11 years old or younger at the time of the loan. The loans were issued in 2020 and 2021 – while the world struggled with the COVID-19 pandemic – and it is unclear what they were used for.

It's clear to me what the funds were used for. To enrich the dishonest people - be they parents, or human traffickers that brought them over the border for just such purposes.

Democrats, are you glad DOGE is rooting out this kind of fraud, or must that be bad because Tesla Man Bad?

Great..

They said they identified the parties.

They’re being arrested right?

If not...why not?

 

[okfine]

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

DOGE announced a further wave of contract terminations and said it has identified $312 million worth of loans issued to children aged 11 and younger.

www.yahoo.com

It's not a Biden thing, it's a Deepstate thing.

The Department of Government Efficiency (DOGE) announced a further wave of contract terminations late Saturday, noting that they also identified thousands of cases where more than $300 million in loans were granted to children.

The announcements come as the Elon Musk-led agency continues to root out waste, fraud and corruption in the federal government.

DOGE said it identified that the Small Business Administration (SBA) granted nearly 5,600 loans for $312 million to borrowers whose only listed owner was 11 years old or younger at the time of the loan. The loans were issued in 2020 and 2021 – while the world struggled with the COVID-19 pandemic – and it is unclear what they were used for.

It's clear to me what the funds were used for. To enrich the dishonest people - be they parents, or human traffickers that brought them over the border for just such purposes.

Democrats, are you glad DOGE is rooting out this kind of fraud, or must that be bad because Tesla Man Bad?

Hey, banks lend to minors with co-signers all the time.

I doubt you know that banks are involved as sponsors. Without a bank, no SBA loan.

 

[Seymour Flops]

Hey, banks lend to minors with co-signers all the time.

I doubt you know that banks are involved as sponsors. Without a bank, no SBA loan.

Oh, so you're fine with this?

Why does an 11 year old need a small business loan? How much does it cost to start up a lemonade stand these days?

 

[justoffal]

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

DOGE announced a further wave of contract terminations and said it has identified $312 million worth of loans issued to children aged 11 and younger.

www.yahoo.com

It's not a Biden thing, it's a Deepstate thing.

The Department of Government Efficiency (DOGE) announced a further wave of contract terminations late Saturday, noting that they also identified thousands of cases where more than $300 million in loans were granted to children.

The announcements come as the Elon Musk-led agency continues to root out waste, fraud and corruption in the federal government.

DOGE said it identified that the Small Business Administration (SBA) granted nearly 5,600 loans for $312 million to borrowers whose only listed owner was 11 years old or younger at the time of the loan. The loans were issued in 2020 and 2021 – while the world struggled with the COVID-19 pandemic – and it is unclear what they were used for.

It's clear to me what the funds were used for. To enrich the dishonest people - be they parents, or human traffickers that brought them over the border for just such purposes.

Democrats, are you glad DOGE is rooting out this kind of fraud, or must that be bad because Tesla Man Bad?

How much of the Ukraine money boomeranged back to campaign accounts and bank accounts?

 

[okfine]

Oh, so you're fine with this?

Why does an 11 year old need a small business loan? How much does it cost to start up a lemonade stand these days?

It's not up to me to ok an SBA loan so GFY

 

[gtopa1]

Great..

They said they identified the parties.

They’re being arrested right?

If not...why not?

Because they're UNDERAGE you dope. But by all means jail the Public servants who authorised it!! Or the parents/enablers who used them to commit the fraud!!

Greg

 

[justoffal]

Because they're UNDERAGE you dope. But by all means jail the Public servants who authorised it!! Or the parents/enablers who used them to commit the fraud!!

Greg

The kids probably don't even exist....
It's stolen money that's untraceable

 

[candycorn]

Because they're UNDERAGE you dope. But by all means jail the Public servants who authorised it!! Or the parents/enablers who used them to commit the fraud!!

Greg

Right.

Musk says he’s identified them.

Why hasn’t there been an arrest?

Do you believe him?

 

[candycorn]

The kids probably don't even exist....
It's stolen money that's untraceable

Except that musk says he has identified these people… So was he lying or are they just going to allow people to steal money and not be prosecuted?

 

[CrusaderFrank]

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

DOGE announced a further wave of contract terminations and said it has identified $312 million worth of loans issued to children aged 11 and younger.

www.yahoo.com

It's not a Biden thing, it's a Deepstate thing.

The Department of Government Efficiency (DOGE) announced a further wave of contract terminations late Saturday, noting that they also identified thousands of cases where more than $300 million in loans were granted to children.

The announcements come as the Elon Musk-led agency continues to root out waste, fraud and corruption in the federal government.

DOGE said it identified that the Small Business Administration (SBA) granted nearly 5,600 loans for $312 million to borrowers whose only listed owner was 11 years old or younger at the time of the loan. The loans were issued in 2020 and 2021 – while the world struggled with the COVID-19 pandemic – and it is unclear what they were used for.

It's clear to me what the funds were used for. To enrich the dishonest people - be they parents, or human traffickers that brought them over the border for just such purposes.

Democrats, are you glad DOGE is rooting out this kind of fraud, or must that be bad because Tesla Man Bad?

Who is getting these loans?

Dafuq?!

 

[CrusaderFrank]

Right.

Musk says he’s identified them.

Why hasn’t there been an arrest?

Do you believe him?

It’s been like 6 hours already!! How much longer does it take??

 

[Seymour Flops]

It's not up to me to ok an SBA loan so GFY

So, that was all you had to say, and the defense of these idiotic loans?

 

[okfine]

So, that was all you had to say, and the defense of these idiotic loans?

Maybe you should vent to Linda McMahon. She was the SBA administrator.

 

[WorldWatcher]

Given that Musk/Trump claimed there were 10s of millions of American's over 100 years of age drawing SS Retirement benefits...

... And the fact was...

It was 89,106 (December 2024) which closely aligns with the Trump Administration Census of 2020 showing the number of American's over 100 (IIRC it was in the 90K t0 100K range but remember not everyone qualifies for SS Retirement).

So let's see some evidence this is even really happening.

WW

 

[candycorn]

It’s been like 6 hours already!! How much longer does it take??

Takes about an hour to have a warrant signed by a judge and for a police officer to make the arrest based on probable cause.

 

[candycorn]

Given that Musk/Trump claimed there were 10s of millions of American's over 100 years of age drawing SS Retirement benefits...

... And the fact was...

It was 89,106 (December 2024) which closely aligns with the Trump Administration Census of 2020 showing the number of American's over 100 (IIRC it was in the 90K t0 100K range but remember not everyone qualifies for SS Retirement).

So let's see some evidence this is even really happening.

WW

Yeah thats what I’m saying. If Betty BlueDog Democrat is defrauding the government..I want her ass to be arrested. Since there has been zero arrests for the “billions” in fraud--THEIR WORD NOT MINE--one can only come to one of two conclusions:

They don’t care or they don’t have a case.

 

[Seymour Flops]

Maybe you should vent to Linda McMahon. She was the SBA administrator.

Good point.

In the first Trump administration, he did not go nearly far enough in ending the rule by the entrenched bureaucracy. Glad to see that he is approaching it somewhat differently this time!

 

[WorldWatcher]

Yeah thats what I’m saying. If Betty BlueDog Democrat is defrauding the government..I want her ass to be arrested. Since there has been zero arrests for the “billions” in fraud--THEIR WORD NOT MINE--one can only come to one of two conclusions:

They don’t care or they don’t have a case.

Actually you left out an option. They are lying.

WW