SUBSEQUENT EVENTS

9 Months Ended

Sep. 30, 2023

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS

NOTE 12 — SUBSEQUENT EVENTS

The Company’s management has evaluated subsequent events through the date of issuance of the financial statements included herein. There have been no subsequent events that require recognition or disclosure in these financial statements except for the following described below.

Investment Portfolio

The Company invested in the following portfolio companies subsequent to September 30, 2023:

Activity Type	Date	Company Name	Company Description	Investment Amount		Instrument Type
Add-On Investment	October 3, 2023	EH Real Estate Services, LLC*	Offers residential property brokerage, title & settlement, and property and casualty insurance brokerage services to home buyers and sellers	$	2,281,116	Revolver Commitment(a)
Add-On Investment	October 11, 2023	Impact Home Services LLC*	Residential, garage door, electrical, and plumbing services provider	$	539,718	Senior Secured – First Lien
					13,398	Equity
Add-On Investment	October 16, 2023	Equine Network, LLC*	Provider of content, information, tech-enabled services, and hosts competitions for the U.S. equine industry	$	955,516	Senior Secured – First Lien
Add-On Investment	October 19, 2023	ArborWorks Acquisition LLC*	A professional tree care firm	$	230,769	Senior Secured – First Lien
Add-On Investment	October 31, 2023	2X LLC*	Provider of outsourced digital B2B marketing-as-a-service	$	1,448,388	Senior Secured – First Lien

* Existing portfolio company

(a) The Company has full discretion to fund this revolver commitment

The Company realized the following portfolio company subsequent to September 30, 2023:

Activity Type	Date	Company Name	Company Description	Proceeds Received		Realized Loss		Instrument Type
Full Realization	October 24, 2023	Interstate Waste Services, Inc.*	Provider of non-hazardous waste management, collection, and recycling services	$	389,496	$	(556,629)	Equity

* Existing portfolio company

Credit Facility

The outstanding balance under the Credit Facility as of November 7, 2023 was $163,000,000.

Dividends Declared

On October 5, 2023, the Board declared a regular monthly dividend for each of October 2023, November 2023, and December 2023 as follows:

	Ex-Dividend	Record	Payment	Amount per
Declared	Date	Date	Date	Share
10/5/2023	10/30/2023	10/31/2023	11/15/2023	$	0.1333
10/5/2023	11/29/2023	11/30/2023	12/15/2023	$	0.1333
10/5/2023	12/15/2023	12/18/2023	12/29/2023	$	0.1333