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SBA-GUARANTEED DEBENTURES - Schedule of Interest Expense and Amortized Fees on SBA-guaranteed Debentures (Details) - SBA-guaranteed Debentures - USD ($)
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Debt Instrument [Line Items]    
Interest expense $ 2,400,718 $ 1,724,280
Debenture fee amortization 317,508 283,144
Total interest and financing expenses $ 2,718,226 $ 2,007,424
Weighted average interest rate 3.10% 2.80%
Effective interest rate (including fee amortization) 3.50% 3.20%
Average debt outstanding $ 313,600,000 $ 254,222,222
Cash paid for interest $ 4,680,999 $ 3,405,071