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Interest Receivable (Tables)
 6 Months Ended
Jun. 30, 2023
Interest Receivable [Abstract]  
Schedule of summarizes the interest receivable
    As of
June 30,
2023		     As of
December 31,
2022		  
Interest receivable   $ 944,007     $ 1,203,330  
Unused fees receivable     50,805       1,082  
Total interest receivable   $ 994,812     $ 1,204,412  
Schedule of including non-accrual loans
   As of June 30, 2023 
   Current
Loans(1)		   31–60
Days
Past Due		   61–90
Days
Past Due		   90+ Days
Past Due (and accruing)		   Non-
Accrual(2)		   Total
Past Due		   Total
Loans		 
Interest receivable  $863,267   $131,545   $-   $
      -
  $
           -
   $131,545   $   994,812 
Total  $863,267   $131,545   $      -   $
-
   $
-
   $131,545   $994,812 
   As of December 31, 2022 
   Current
Loans(1)		   31–60
Days
Past Due		   61–90
Days
Past Due		   90+ Days
Past Due (and accruing)		   Non-
Accrual		   Total
Past Due		   Total
Loans		 
Interest receivable  $1,203,088   $1,324   $           -   $         -   $            -   $1,324   $1,204,412 
Total $1,203,088  $1,324   $-  $-  $-  $1,324  $

1,204,412

 
(1) Loans 1-30 days past due are included in the current loans. Amounts are presented on a gross and net basis, including the effects of any interest reserves for non-accrual loans.
(2) On May 1, 2023, Loan #9 was placed on non-accrual status with an outstanding principal amount of approximately $16.2 million. For the period from May 1, 2023, through June 30, 2023, the Company ceased the accrual and recognition of all interest. As of June 30, 2023, the borrower of Loan #9 is 60 days past due, however there is $0 of accrued interest receivable relating to Loan #9.