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Investments, Portfolio by Industry (Details) - USD ($)
Sep. 30, 2024
Dec. 31, 2023
Amortized Cost [Abstract]    
Amount [4] $ 357,431,797 [1],[2],[3],[5] $ 378,081,148
Percentage 100.00% 100.00%
Fair Value [Abstract]    
Amount [6] $ 345,481,284 [1],[2],[3],[5] $ 376,992,972
Percentage 100.00% 100.00%
Aerospace & Defense [Member]    
Amortized Cost [Abstract]    
Amount $ 8,389,190 $ 7,903,421
Percentage 2.30% 2.10%
Fair Value [Abstract]    
Amount $ 7,723,605 $ 7,394,163
Percentage 2.20% 2.00%
Chemicals [Member]    
Amortized Cost [Abstract]    
Amount $ 14,602,651 $ 14,538,407
Percentage 4.10% 3.80%
Fair Value [Abstract]    
Amount $ 14,849,999 $ 14,538,407
Percentage 4.30% 3.90%
Commercial Services & Supplies [Member]    
Amortized Cost [Abstract]    
Amount $ 4,120,818 $ 11,312,244
Percentage 1.20% 3.00%
Fair Value [Abstract]    
Amount $ 3,809,023 $ 11,282,346
Percentage 1.10% 2.90%
Construction & Engineering [Member]    
Amortized Cost [Abstract]    
Amount $ 58,387,877 $ 58,140,914
Percentage 16.30% 15.40%
Fair Value [Abstract]    
Amount $ 58,709,559 $ 55,540,524
Percentage 17.00% 14.70%
Consumer Finance [Member]    
Amortized Cost [Abstract]    
Amount $ 3,427,073 $ 3,407,754
Percentage 1.00% 0.90%
Fair Value [Abstract]    
Amount $ 3,427,073 $ 3,617,879
Percentage 1.00% 1.00%
Distributors [Member]    
Amortized Cost [Abstract]    
Amount $ 14,323,636 $ 14,299,832
Percentage 4.00% 3.80%
Fair Value [Abstract]    
Amount $ 12,642,737 $ 13,807,774
Percentage 3.70% 3.70%
Diversified Consumer Services [Member]    
Amortized Cost [Abstract]    
Amount $ 0 $ 14,905,882
Percentage 0.00% 3.90%
Fair Value [Abstract]    
Amount $ 102,210 $ 15,182,176
Percentage 0.00% 4.00%
Diversified Financials [Member]    
Amortized Cost [Abstract]    
Amount $ 2,898,305 $ 2,898,305
Percentage 0.80% 0.80%
Fair Value [Abstract]    
Amount $ 2,818,111 $ 2,809,327
Percentage 0.80% 0.70%
Diversified Telecommunication Services [Member]    
Amortized Cost [Abstract]    
Amount $ 28,009,731 $ 27,384,130
Percentage 7.80% 7.20%
Fair Value [Abstract]    
Amount $ 30,640,946 $ 30,834,843
Percentage 8.90% 8.20%
Electrical Equipment [Member]    
Amortized Cost [Abstract]    
Amount $ 11,231,435 $ 10,390,564
Percentage 3.10% 2.70%
Fair Value [Abstract]    
Amount $ 5,613,911 $ 8,320,050
Percentage 1.60% 2.20%
Entertainment [Member]    
Amortized Cost [Abstract]    
Amount $ 18,373,844 $ 18,257,039
Percentage 5.10% 4.80%
Fair Value [Abstract]    
Amount $ 14,308,945 $ 18,478,875
Percentage 4.10% 4.90%
Food Products [Member]    
Amortized Cost [Abstract]    
Amount $ 9,786,718 $ 9,847,037
Percentage 2.70% 2.60%
Fair Value [Abstract]    
Amount $ 11,197,148 $ 11,682,654
Percentage 3.20% 3.10%
Healthcare Providers & Services [Member]    
Amortized Cost [Abstract]    
Amount $ 44,298,976 $ 44,285,303
Percentage 12.40% 11.70%
Fair Value [Abstract]    
Amount $ 41,983,007 $ 43,324,687
Percentage 12.20% 11.50%
Hotels, Restaurants & Leisure [Member]    
Amortized Cost [Abstract]    
Amount $ 4,893,566 $ 4,910,858
Percentage 1.40% 1.30%
Fair Value [Abstract]    
Amount $ 4,928,979 $ 4,909,528
Percentage 1.40% 1.30%
Household Durables [Member]    
Amortized Cost [Abstract]    
Amount $ 4,534,757 $ 4,618,637
Percentage 1.30% 1.20%
Fair Value [Abstract]    
Amount $ 2,639,774 $ 2,341,518
Percentage 0.80% 0.60%
Household Products [Member]    
Amortized Cost [Abstract]    
Amount $ 4,870,143 $ 4,871,468
Percentage 1.40% 1.30%
Fair Value [Abstract]    
Amount $ 4,959,532 $ 4,465,076
Percentage 1.40% 1.20%
IT Services [Member]    
Amortized Cost [Abstract]    
Amount $ 12,630,081 $ 18,368,354
Percentage 3.50% 4.90%
Fair Value [Abstract]    
Amount $ 12,792,455 $ 18,406,891
Percentage 3.70% 4.90%
Leisure Products [Member]    
Amortized Cost [Abstract]    
Amount $ 4,831,974 $ 4,727,860
Percentage 1.40% 1.30%
Fair Value [Abstract]    
Amount $ 1,726,068 $ 3,852,760
Percentage 0.50% 1.00%
Machinery [Member]    
Amortized Cost [Abstract]    
Amount $ 4,617,257 $ 4,832,798
Percentage 1.30% 1.30%
Fair Value [Abstract]    
Amount $ 4,272,225 $ 4,687,302
Percentage 1.20% 1.20%
Media [Member]    
Amortized Cost [Abstract]    
Amount $ 22,007,286 $ 23,580,771
Percentage 6.20% 6.20%
Fair Value [Abstract]    
Amount $ 25,382,648 $ 25,870,278
Percentage 7.30% 6.90%
Personal Products [Member]    
Amortized Cost [Abstract]    
Amount $ 4,388,014 $ 4,451,581
Percentage 1.20% 1.20%
Fair Value [Abstract]    
Amount $ 4,434,479 $ 4,457,979
Percentage 1.30% 1.20%
Professional Services [Member]    
Amortized Cost [Abstract]    
Amount $ 51,457,137 $ 31,270,864
Percentage 14.40% 8.30%
Fair Value [Abstract]    
Amount $ 57,685,435 $ 36,611,515
Percentage 16.80% 9.70%
Software [Member]    
Amortized Cost [Abstract]    
Amount $ 997,284 $ 6,082,519
Percentage 0.30% 1.60%
Fair Value [Abstract]    
Amount $ 884,752 $ 7,590,857
Percentage 0.30% 2.00%
Specialty Retail [Member]    
Amortized Cost [Abstract]    
Amount $ 6,513,559 $ 6,333,920
Percentage 1.80% 1.70%
Fair Value [Abstract]    
Amount $ 6,263,880 $ 6,367,578
Percentage 1.80% 1.70%
Trading Companies & Distributors [Member]    
Amortized Cost [Abstract]    
Amount $ 7,527,490 $ 15,986,679
Percentage 2.10% 4.20%
Fair Value [Abstract]    
Amount $ 1,256,884 $ 10,144,017
Percentage 0.40% 2.70%
Transportation Infrastructure [Member]    
Amortized Cost [Abstract]    
Amount $ 10,312,995 $ 10,474,007
Percentage 2.90% 2.80%
Fair Value [Abstract]    
Amount $ 10,427,899 $ 10,473,968
Percentage 3.00% 2.80%
[1] Investment contains a fixed rate structure.
[2] Investment is held by a subsidiary of the Company. See Note 2 in the accompanying notes to the consolidated financial statements for additional information on the Company’s wholly-owned subsidiary.
[3] The Company categorized its unitranche loans as First Lien Senior Secured Loans. The First Lien Senior Secured Loan is comprised of two components: a first out tranche (“First Out”) and last out tranche (“Last Out”). The Company syndicates the First Out tranche and retains the Last Out tranche. The First Out and Last Out tranches have the same maturity date. Interest disclosed reflects the contractual rate of First Lien Senior Secured Loan. The First Out tranche has priority as to the Last Out tranche with respect to payments of principal, interest and any amounts due thereunder. The Company may be entitled to receive additional interest as a result of the Agreement Among Lenders (“AAL”) entered into with the First Out lender. In exchange for the higher interest rate, the Last Out portion is at a greater risk of loss.
[4] The amortized cost represents the original cost adjusted for the amortization of discounts and premiums, as applicable, on debt investments using the effective interest method.
[5] The interest rate on these loans is subject to 3 month SOFR, which was 4.59% as of September 30, 2024.B
[6] Because there is no readily available market value for these investments, the fair value of each of these investments is determined in good faith using significant unobservable inputs by the Company’s board of directors (the “Board”) as required by the 1940 Act. See Note 4 “Fair Value Measurements” in the accompanying notes to the consolidated financial statements.