Monday, March 10, 2025

SBA: Incompetent To the Power of 1,000

That's how to describe the SBA.

...DOGE announced on Saturday night that the Small Business Administration had loaned hundreds of millions of dollars to small enterprises during the COVID pandemic. Sounds fine, right? 

Except for the fact that the business owners in these cases were all 11 years old or younger:...

Oh, by the way:

... DOGE shared a post on X from Tuesday when it also revealed that in 2020 and 2021 the SBA issued 3,095 loans for $333 million to borrowers over 115 years old....

 Another case of COBOL-created mis-identifications?  Either way, those are separate from the Kiddie Loans.

Just how stupid ARE Government workers??

We're finding out.

 

 

4 comments:

Anonymous said...

Are those loans still available?

Anonymous said...

Cool

Are those loans still available?

HeadlessBlogger said...

How can a bureaucracy that is so inefficient at handling payment of legitimate claims (e.g., VA, Western NC, Medicare) so readily pay-out blatantly fraudulent loans and grants?

Anonymous said...

Some claims are more equal than others.