Consolidated Statements of Assets and Liabilities - USD ($)		Mar. 31, 2026	Dec. 31, 2025
ASSETS
Investments at fair value	[1]	$ 382,009,613	$ 375,043,745	[2],[3],[4],[5],[6],[7],[8]
Cash		6,226,940	5,470,978
Interest receivable		3,746,723	3,410,139
Deferred financing cost Credit facility		1,384,303	1,537,817
Paydown receivable		663,772	392,623
Deferred financing cost Unsecured Note		443,565	0
Receivable for investments sold		254,563	367,810
Other receivable		57,498	57,498
Prepaid expenses		36,974	42,423
Dividend receivable		0	62,136
Due from feeder fund		0	765
Total assets		394,823,951	386,385,934
LIABILITIES
Credit facility payable		108,400,000	122,300,000
Unsecured Note payable		25,000,000	0
Incentive fees payable (Note 6)		6,391,604	6,223,804
Redemptions payable		5,906,689	5,903,771
Distributions payable		5,648,531	5,800,098
Deferred tax liabilities		4,488,042	4,034,663
Credit facility interest payable		1,722,113	1,869,030
Management fees payable (Note 6)		1,180,133	1,184,837
Professional fees payable		872,072	659,177
Unsecured Note interest payable		457,347	0
Subscriptions received in advance		312,500	467,500
Legal fees payable		293,931	33,735
Reimbursement expense payable		199,222	146,408
Taxes payable		126,272	64,147
Other payables		42,723	73,008
Trade payable		0	394,737
Total liabilities		161,041,179	149,154,915
Commitments and contingencies (Note 11)
NET ASSETS
Common shares, $0.001 par value (200,000,000 shares authorized, 10,016,984 and 10,105,559 shares issued and outstanding as of March 31, 2026 and December 31, 2025 respectively)		10,017	10,106
Additional paid-in capital		254,540,826	256,564,590
Accumulated undistributed (overdistributed) earnings		(20,768,071)	(19,343,677)
Total net assets		$ 233,782,772	$ 237,231,019
Net asset value per share (in dollars per share)		$ 23.34	$ 23.48
Non-controlled/Non-affiliated Investments [Member]
ASSETS
Investments at fair value		$ 324,809,261	$ 312,185,808
Controlled/Affiliate Investments [Member]
ASSETS
Investments at fair value		$ 57,200,352	$ 62,857,937

[1] 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.

[2] All investments are non-income producing unless otherwise indicated.

[3] All of the Company’s investments are issued by eligible portfolio companies, as defined in the Investment Company Act of 1940 (the “1940 Act”), unless otherwise noted. All of the Company’s investments are issued by U.S. portfolio companies unless otherwise noted.

[4] Investment contains a fixed rate structure.

[5] 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.

[6] The interest rate on these loans is subject to 3 month SOFR, which was 3.65% as of December 31, 2025.

[7] The investment does not accrue PIK for the debt or equity investment as of December 31, 2025. See Note 2 “Significant Accounting Policies”.

[8] The investment is on non-accrual status. See Note 2 “Significant Accounting Policies”.