By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Thrive News Co.Thrive News Co.
0

No products in the cart.

Notification Show More
Font ResizerAa
  • Home
  • About
  • Church
    ChurchShow More
    Aid to the Church in Need | UK: Catholic charity shines a light on Nigeria massacres in UK Parliament Images may be subject to
    USCIRF Renews Urgent Call After Massacre at Catholic Mission
    June 21, 2025
    che-ahn-for-governor
    BREAKING: Pastor Ché Ahn Announces Run for Governor of California
    June 20, 2025
    we-the-people
    Is There a Wall of Separation Between Church and State?
    June 19, 2025
    Indiana and Iowa have joined the growing list of states mandating pro-life fetal development videos like Baby Olivia in schools. Over 3 million students will see the humanity of unborn children.
    More States Mandate ‘Baby Olivia’ and Fetal Development Videos in Schools
    June 18, 2025
    baptize-america-newport-beach-california
    Baptize America Unites Nation and World in Historic Faith Revival
    June 9, 2025
  • Media
    MediaShow More
    tyler-perry-studios
    Tyler Perry Sued for $260 Million by Actor Derek Dixon Over Sexual Assault Allegations
    June 21, 2025
    arnold-the-view
    Arnold Schwarzenegger: “America Made Me”—And Immigrants Must Follow the Law
    June 18, 2025
    fake-news-issues
    Truth Hijacked: How Fake News and Political Bias Corrupted the Press
    April 30, 2025
    karoline-leavitt
    Karoline Leavitt Ignores Reporters Who Put This In Their Email Signature
    April 13, 2025
    The King of Kings, an animated biblical epic, sets a record with $14.6M in presales, poised to surpass The Prince of Egypt as the biggest opening for an animated biblical film. Featuring Kenneth Branagh, Uma Thurman, and Oscar Isaac, it opens in 3,200+ theaters this Friday.
    ‘The King of Kings’ Poised to Break Records as Biggest Animated Biblical Film Opening Ever
    April 11, 2025
  • Government
    GovernmentShow More
    iran-strikes-israel-us-nuclear-strikes
    U.S. Devastates Iran’s Nuclear Program in Precision, Historic Strike
    June 22, 2025
    Trump announces U.S. Bombed Iran’s Nuclear Sites, Declares “Fordow is Gone” and Calls for Peace in Stunning Truth Social Post
    BREAKING: U.S. Carried Out Full-Scale Bombing of Three Iranian Nuclear Sites
    June 22, 2025
    us-customs-immigration
    The Rule of Law and the Crisis of Illegal Immigration
    June 20, 2025
    gavin-newsom
    Inside the Scathing Five-Part Report on Gavin Newsom’s Contradictions
    June 17, 2025
    New Jersey Attorney General Matthew Platkin
    Supreme Court to Hear Case of NJ Pregnancy Center Facing Alleged Harassment
    June 16, 2025
  • Arts
    • Sports
    ArtsShow More
    beach-boys-brian-wilson
    ‘I’d Give Everything I’ve Ever Done to Know that My Dad Loved Me’
    June 16, 2025
    michael-tait-grace
    Michael Tait’s Public Confession: A Christian Music Icon Confronts His Past
    June 11, 2025
    tim-allen
    Actor Tim Allen’s Faith Journey
    June 6, 2025
    Comedian Russell Brand, recently vocal about his Christian faith, faces rape and sexual assault charges tied to alleged incidents from 1999-2005. Get the latest on the case.
    Russell Brand Charged with Sexual Crimes Amid Public Faith Journey
    April 4, 2025
    Disney’s 2025 Snow White remake, with Rachel Zegler as a self-reliant heroine and CGI-rendered magical creatures replacing the dwarfs, stumbles into a “woke” wilderness. Explore its weak box office debut and the backlash over abandoning the classic’s charm.
    Disney’s Snow White Remake: A Woke Detour from its Original Storyline
    March 23, 2025
  • Education
    EducationShow More
    graduation-speech
    Valedictorian’s Faith-Filled Speech Triumphs Over Censorship Attempt
    May 28, 2025
    harvard
    DHS Revokes Harvard’s Ability To Host Foreign Students
    May 23, 2025
    oklahoma-schools-supreme-court
    Supreme Court Blocks Oklahoma’s Taxpayer-Funded Religious Charter School
    May 22, 2025
    grand-canyon-university
    Grand Canyon University Cleared of $37.7M Fine by Education Department
    May 19, 2025
    The U.S. Supreme Court appears to favor religious freedom in Oklahoma Statewide Charter School Board v. Drummond, a case that could establish the nation’s first religious charter school. Explore the clash between the First Amendment’s Free Exercise and Establishment Clauses.
    SCOTUS Leans Toward Religious Freedom in Charter School Case
    May 1, 2025
  • Family
    FamilyShow More
    gender-confusion
    Child Transitioning is Not Progress, It’s a Tragedy
    June 19, 2025
    supreme-court-ruling-transgender
    Supreme Court Blocks Transgender Treatment for Minors
    June 18, 2025
    miss-north-florida
    Pageant Winner Stripped of Crown After Refusing to Redefine “Female”
    June 3, 2025
    #dontmesswithourkids
    Mayday USA Movement Presses Forward Despite Violence in Seattle, Pressure in Los Angeles
    June 3, 2025
    boys-to-men
    Raising Sons Who Won’t Be Swept Away: Forming Character in a Changing World
    May 24, 2025
  • More
    • Podcast
    • Advertising
    • Agency
    • Invest
  • Listings
    • Business Directory
    • Add Listing
  • Advertise
  • Subscribe
  • Donate
Reading: Elon Musk’s DOGE Finds $330 Million in Fraud at SBA
Share
Font ResizerAa
Thrive News Co.Thrive News Co.
0
  • Home
  • Church
  • Media
  • Sports
  • Business
  • Directory
  • Subscribe
  • Donate
Search
  • Home
  • About
  • Categories
    • Church
    • Media
    • Sports
    • Education
    • Family
    • Movies
    • Business
  • Join Us
  • Advertising
  • Directory
  • Donate
Have an existing account? Sign In
Follow US
  • Advertise
  • About
  • Search Home
  • Search Result
  • All Listings
  • Single Category
  • Single Location
  • Single Tag
  • Author Profile
  • Dashboard
  • Registration
  • Login
  • Checkout
  • Payment Receipt
  • Transaction Failure
  • Job Apply Form
  • Select Your Plan
  • Messaging Terms & Conditions
  • Sign up free!
  • Directory Checkout
  • Advertising
  • News Summary
  • Christian News Feed
  • Sign In
  • Sign In
  • Sign In
  • Refund and Returns Policy
  • Refund and Returns Policy
© 2024 THRIVE! News Foundation. All Rights Reserved.
Thrive News Co. > Blog > Economy > Elon Musk’s DOGE Finds $330 Million in Fraud at SBA
Economy

Elon Musk’s DOGE Finds $330 Million in Fraud at SBA

thrive.news.foundation
Last updated: March 25, 2025 3:16 am
By thrive.news.foundation 3 Min Read
Share
Elon Musk claims $330M in SBA loans went to kids under 11 on March 24, 2025. New SBA head Kelly Loeffler joins DOGE to uncover fraud from the pandemic era.
Elon Musk claims $330M in SBA loans went to kids under 11 on March 24, 2025. New SBA head Kelly Loeffler joins DOGE to uncover fraud from the pandemic era.
SHARE

Contents
Newly Appointed SBA Head Kelly Loeffler Joins DOGE’s Fight to Uncover FraudThe Claim: Loans to Kids Under 11Loeffler’s Role: Turning Over RocksContext and Next Steps

Newly Appointed SBA Head Kelly Loeffler Joins DOGE’s Fight to Uncover Fraud


Today, Elon Musk, head of the Department of Government Efficiency (DOGE), discovered more fraud in the federal government: the Small Business Administration (SBA) disbursed approximately $330 million in loans to children under 11 during the COVID-19 pandemic. The announcement, spotlighting nearly 5,600 questionable loans from 2020 and 2021, suggests massive fraud or oversight failures in federal lending programs, thrusting the issue into the national spotlight.

The Claim: Loans to Kids Under 11


According to DOGE and Musk, these loans went to businesses where the sole listed owner was a child aged 11 or younger at the time of disbursement. The $330 million total—up from earlier DOGE estimates of $312 million—hints at fresh data or a broader scope of the alleged problem. Musk underscored the absurdity, stating, “We’ve got a 9-month-old with a $100,000 loan—clear fraud,” though detailed documentation remains pending. The claim targets pandemic-era initiatives like the Paycheck Protection Program (PPP) and Economic Injury Disaster Loans (EIDL), amplifying calls for accountability.

Loeffler’s Role: Turning Over Rocks


Newly appointed SBA Administrator Kelly Loeffler, a former U.S. Senator from Georgia and business executive, quickly aligned herself with Musk’s crusade. Appointed earlier this year by President Donald Trump, Loeffler brings a reputation for fiscal conservatism and private-sector savvy to the role. Responding to today’s allegations, she declared, “The Biden Admin enabled and covered up large-scale fraud, waste, and abuse at the SBA. Excited to be working with DOGE to end it – and hold criminals who committed fraud accountable.” Her pledge to overturn every rock in pursuit of honest work signals a proactive stance as she collaborates with DOGE to dig deeper.

Context and Next Steps

Musk’s announcement builds on DOGE’s ongoing efforts to expose government waste, following earlier revelations like $333 million in loans to borrowers over 115 years old this month. Today’s focus on child recipients, however, escalates the narrative, drawing intense public and political scrutiny. With Loeffler committed to unearthing the truth and DOGE promising swift action, the SBA is under pressure to provide answers.

You Might Also Like

FBI Declassifies 2020 Election Documents Alleging Chinese Interference

Evangelist Jimmy Swaggart Hospitalized in Critical Condition with Cardiac Issues

9th Circuit Rules Against Christian Women’s Spa, Forcing Admission of Biologically Male Client

California Supreme Court Denies Cake Artist’s Plea, Case Heads to U.S. Supreme Court

Christian Worker Reaches Settlement After Firing Over Bible-Themed T-Shirts During Pride Month

TAGGED:fraudSBA

Sign Up For Daily Newsletter

Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter LinkedIn Threads Email Print
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Surprise0
By thrive.news.foundation
Follow:
THRIVE! News is the news & entertainment studio & network of the future. Our mission is to share and spread the gospel through media.
Previous Article Hyundai invests $20B in U.S. manufacturing, including a $5B steel plant in Louisiana and a new Georgia auto factory, boosting jobs and EV production. Hyundai Commits $21 Billion to Boost U.S. Manufacturing
Next Article President Trump received a Holy Cross from Archbishop Elpidophoros at a White House Greek Independence Day event, likened to Constantine the Great. Holy Cross Presented to President Trump at Greek Independence Day Celebration
Donate Now

Search Articles

- Advertisement -
Ad image
- Advertisement -
Ad image

Latest News

iran-strikes-israel-us-nuclear-strikes
U.S. Devastates Iran’s Nuclear Program in Precision, Historic Strike
Government
Trump announces U.S. Bombed Iran’s Nuclear Sites, Declares “Fordow is Gone” and Calls for Peace in Stunning Truth Social Post
BREAKING: U.S. Carried Out Full-Scale Bombing of Three Iranian Nuclear Sites
Government
cultural-marxism
Fallen Idols and the Inversion of Virtue: How the Left Made a Religion Out of Degeneracy
Op-Ed
tyler-perry-studios
Tyler Perry Sued for $260 Million by Actor Derek Dixon Over Sexual Assault Allegations
Media
- Advertisement -
Ad image
Subscribe to Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

- Advertisement -
Ad image
- Advertisement -
Ad image

Stay Connected

FacebookLike
TwitterFollow
InstagramFollow
YoutubeSubscribe
LinkedInFollow
TruthFollow

You Might Also Like

spencer-wimmer-generac
Business

Christian Man Fired for Religious Beliefs: Generac Faces EEOC Complaint

May 24, 2025
fortune-500-faith-work
Business

Fortune 500 Companies Embrace Faith-Friendly Workplaces in 2025

May 20, 2025
american-idol-songs-of-faith
Economy

American Idol’s Easter Sunday ‘Songs of Faith’ Special Glorifies Jesus Christ

April 24, 2025
Kaitlan-collins-cnn
Economy

Law and Order vs. Media Mayhem

April 15, 2025
Previous Next

Daily Report

Quick Links

About

Advertising

Subscriptions

Affiliates

Directory

Links

Linktree

Marketing

 

Thrive News Co.Thrive News Co.
Follow US
© 2024 Thrive News Foundation. All Rights Reserved.
thrive-news-studio
Subscribe Today

Subscribe to our newsletter and never miss the latest news, podcasts etc..

Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Lost your password?