NATURE OF OPERATIONS AND SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Sep. 30, 2022

NATURE OF OPERATIONS AND SIGNIFICANT ACCOUNTING POLICIES

Schedule of interest income received from portfolio companies

	For the three		For the nine
	months ended		months ended
	September 30, 2022		September 30, 2022
Loan interest	$	2,298,242	$	3,834,088
Fee amortization income(1)		184,560		252,866
Fee income acceleration(2)		100,392		102,469
Total Interest Income	$	2,583,194	$	4,189,423

(1) Includes amortization of fees on unfunded commitments.

(2) Unamortized loan origination fees recognized upon full or partial realization of investment.

Schedule of accumulated undistributed deficit

	September 30,
	2022
Net unrealized depreciation on non-controlled non-affiliated investments and cash equivalents, net	$	(713,013)
Net unrealized appreciation on foreign currency translations		(104,461)
Accumulated undistributed net investment income		1,010,207
Accumulated undistributed surplus	$	192,733