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Trump has suggested he got his start when he obtained a $1 million loan from his father. “My father gave me a small loan of a million dollars,” he told NBC in October, which he claimed he had... At the first presidential debate Monday night, Republican nominee Donald Trump again defended the "small loan" his father gave him to start his now hugely successful business. Donald Trump on Monday said his climb to the top of the business world hasn’t been an easy one and depicted a $1 million loan from his father as “small.” There was a nearly $1 million loan from Trump’s father that was part of the deal — Fred Trump’s Village Construction Corp. provided the loan to help repay draws on a Chase Manhattan... When he was campaigning, Trump repeatedly boasted of his ability to turn a small loan from his father into his fortune. “My father gave me a very small loan in 1975,” he said, “and I built it into a company that’s worth many, many billions of dollars.” In a 2007 deposition related to the lawsuit, Trump admitted he had borrowed “a small amount” from his father’s estate: ‘I think it was like in the $9 million range.” In a 2007 deposition, Trump admitted he had borrowed “a small amount” from his father’s estate: ‘I think it was like in the $9 million range.” “It has not been easy for me. And you know I started off in Brooklyn, my father gave me a small loan of a million dollars,” Trump said at an NBC-sponsored town hall Monday. When Donald Trump boasts he started his "$10 billion" real estate empire with just a $1 million loan from his father, he might not exactly be telling the whole story.

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