In what might be the most shocking example of fraud and waste it has yet uncovered and exposed, the Elon Musk-led Department of Government Efficiency (DOGE) exposed that, during the Covid pandemic, children who were just 11 years old or younger were granted a whopping $312 million in Small Business Administration loans.
While that is shocking enough, the opposite was true as well. DOGE also discovered that in the same 2020 and 2021 time period, the SBA issued thousands of loans totaling a similar amount, $333 million, to borrowers who, rather than being so young as to be absurd, were over 115 years old, also highly unrealistic. One such person was a 157-year-old marked as still alive in the Social Security database.
According to DOGE, the hundreds of millions of dollars in SBA loans lent by the federal government over 2020 and ’21 to those small children and impossibly old individuals came through two main programs: PPP (Paycheck Protection Program) and EIDL (Economic Injury Disaster Loan) loans. Both programs were long suspected of fraud, particularly the PPP loans.
In its post on X (formerly Twitter) about the massive amount of money that was loaned to children still too young for middle school, the Department of Government Efficiency’s X account wrote, “In 2020-2021, SBA granted 5,593 loans for $312M to borrowers whose only listed owner was 11 years old or younger at the time of the loan.”
Continuing, it noted that while there is theoretically a situation in which so young a child could be involved with a business, anything other than fraud for the thousands of cases involved looks “highly unlikely” because every single loan had an incorrect name paired with the young child’s Social Security number.
It said, in that part of the post about the seemingly fraudulent loans, “While it is possible to have business arrangements where this is legal, that is highly unlikely for these 5,593 loans, as they all also used an SSN with the incorrect name. @DOGE and @SBAgov are working together to solve this problem this week.”
That post about loans to kids came as a quote tweet of a post about the similarly evident loan fraud having to do with elderly Americans. It said, “In 2020-2021, @SBAgov issued 3,095 loans, including PPP (Paycheck Protection Program) and EIDL (Economic Injury Disaster Loan), for $333M to borrowers over 115 years old who were still marked as alive in the Social Security database. In one case, a 157 years old individual received $36k in loans.”
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That original post about loans made to impossibly elderly people, in turn, came in a quote tweet response to a post from DOGE leader Elon Musk about stunning levels of seeming fraud at the Social Security Administration, which has millions of people who are supposedly living despite being well over 100 years old.
In that post about the seeming “vampires” that Social Security is sending checks to, Elon wrote, “According to the Social Security database, these are the numbers of people in each age bucket with the death field set to FALSE! Maybe Twilight is real and there are a lot of vampires collecting Social Security 
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Watch Steven Miller expose how foreign fraud gangs are ripping off Social Security to the tune of billions a year here: