More absurd racketeering. In one year 312 million in SBA loans to 11 year old's and younger. With SSN and incorrect names. Looks like an inside job.

Department of Government Efficiency

@DOGE

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. 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.

https://x.com/doge/status/1898587143796338826

>>22731378

Department of Government Efficiency

@DOGE

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.

According to the Social Security database, these are the numbers of people in each age bucket with the death field set to FALSE!

https://x.com/DOGE/status/1897039724822315489

>>22731378

Prior to last week you didn't even need to be a US Citizen to get an SBA loan.

Kelly Loeffler

@SBA_Kelly

This week I signed a new policy that will require SBA lenders to conduct citizenship verification for loan applications - to end the flow of taxpayer benefits to illegal aliens.

As of today, it’s official. America First!

https://x.com/doge/status/1898511215158325637