The Department of Government Efficiency (DOGE) announced another round of contract terminations late Saturday, revealing additional instances of financial mismanagement within the federal government.

As part of its ongoing investigation into waste, fraud, and corruption, the agency—led by Elon Musk—also uncovered that over $300 million in loans were granted to individuals listed as children at the time of application.

According to DOGE, the Small Business Administration (SBA) approved approximately 5,600 loans totaling $312 million in 2020 and 2021 to applicants whose sole listed owners were 11 years old or younger.