In yet another shocking example of government waste and fraud, one of the infamous 11-year-olds who somehow received a $100,000 Small Business Administration (SBA) loan has come forward—and he’s pointing the finger right at his parents.

According to young Mikey Barron, his Democrat parents “made him do it,” coaching him to scribble his name on the paperwork so they could cash in on the program, which was originally meant to help struggling small businesses. “They told me it was for my future,” Mikey told investigators. “Then they **bought a boat and renamed it ‘Biden’s Stimulus.’”

How Did an 11-Year-Old Get a Business Loan?

While normal Americans were jumping through hoops just to qualify for basic assistance, SBA loans were mysteriously being handed out to people with no businesses, no experience, and in at least one case, no driver’s license.

“It’s just another example of how Democrats exploit the system,” said financial fraud expert Art Tubolls. “They create these bloated government programs and then find ways to funnel the money back into their own pockets—whether it’s through ‘consulting fees,’ shell companies, or, in this case, a lemonade stand LLC with no actual lemonade.”

Parents Say It’s All a “Misunderstanding”

Mikey’s parents, lifelong Democratic voters, insist that they only wanted to help their son “get ahead in life.”

“We were teaching him about entrepreneurship,” said his father, Joe Barron, who refused to explain why most of the loan money was spent on a timeshare in Cancun. “Sure, we handled the bank transactions, but that was just because he’s 11 and doesn’t have a checking account.”

SBA Now Looking the Other Way

Despite mounting evidence that thousands of fraudulent SBA loans were approved under the program, officials insist there’s nothing they can do about it now.

“Look, we can’t exactly demand repayment from an 11-year-old,” said an SBA spokesperson. “And as for his parents, the money’s already gone, so what’s the point?”

Meanwhile, Mikey is said to be cooperating fully with investigators, mostly because he’s mad that his parents didn’t let him keep any of the money.

“I wanted a PS5,” he told reporters. “Instead, we have a boat, and I get seasick.”

God Bless America.