Quarterly report [Sections 13 or 15(d)]

Fair Value of Investments - Schedule of Quantitative Information Regarding Level 3 Fair Value Measurements (Details)

v3.25.3
Fair Value of Investments - Schedule of Quantitative Information Regarding Level 3 Fair Value Measurements (Details) - Level 3 [Member] - USD ($)
9 Months Ended 12 Months Ended
Sep. 30, 2025
Dec. 31, 2024
First Lien Loans One [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value $ 7,399,146 $ 9,770,963
Valuation Technique Enterprise Value Coverage [1] Enterprise Value Coverage [2]
Unobservable Inputs EV / Store level EBITDAR Location Value EV / STORE LEVEL EBITDAR
Range (Average) [3] 4.00x-4.500x (4.25x) $1,050,000-$1,250,000 ($1,150,000) 4.75x-5.25x(5.00x)
First Lien Loans Two [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value $ 50,000  
Valuation Technique [1] Appraisal Value Coverage  
Unobservable Inputs Cost Approach Location Value
Range (Average) [3] $820,000-$1,055,000 ($938,000) $1,300,000-$1,500,000 ($1,400,000)
First Lien Loans Three [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value   $ 80,000
Valuation Technique [2]   Appraisal Value Coverage
Unobservable Inputs Sales Comparison Approach Cost Approach
Range (Average) [3] $919,000-$1,176,000 ($1,048,000) $1,323,000-$1,617,000 ($1,470,000)
First Lien Loans Four [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value $ 50,000  
Valuation Technique Broker Estimates  
Unobservable Inputs Broker Estimate Sales Comparison Approach
Range (Average) [3] $972,000-$1,211,000 ($1,092,000) $1,395,000-$1,705,000 ($1,550,000)
First Lien Loans [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value $ 7,499,146 $ 9,850,963
Second Lien Loans One [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value $ 4,890,610 $ 4,874,360
Valuation Technique Enterprise Value Coverage [1] Enterprise Value Coverage [2]
Unobservable Inputs EV / LTM Revenue EV / PF Revenue EV / LTM Revenue
Range (Average) [3] 0.30x-0.35x (0.33x) 1.10x-1.20x (1.15x) 0.37x-0.42x (0.40)
Second Lien Loans Two [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value $ 3,368,722  
Valuation Technique [1] Net Orderly Liquidation Value  
Unobservable Inputs Total Asset Value Recovery Rate EV / PF Revenue
Range (Average) [3] 45%-75% (60%) 1.05x-1.15x (1.10x)
Second Lien Loans [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value $ 8,259,332 $ 7,987,797
Unsecured Loans [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value
Valuation Technique Enterprise Value Coverage [1] Enterprise Value Coverage [2]
Unobservable Inputs EV / LTM Revenue EV / LTM Revenue
Range (Average) [3] 0.30x-0.35x (0.33x) 0.37x-0.42x (0.40x)
Equity One [Member}    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value
Valuation Technique Enterprise Value Coverage [1] Enterprise Value Coverage [2]
Unobservable Inputs EV / LTM Revenue EV / LTM Revenue
Range (Average) [3] 0.30x-0.35x (0.33x) 0.37x-0.42x (0.40x)
Equity Two [Member}    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Unobservable Inputs EV / PF Revenue EV / PF Revenue
Range (Average) [3] 1.10x-1.120 (1.15) 1.05x-1.15x (1.10x)
Equity Three [Member}    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Unobservable Inputs EV / Store level EBITDAR EV / Store level EBITDAR Location Value
Range (Average) [3] 4.00x-4.50x (4.25x) 4.75x-5.25x (5.00x) $1,300,000-$1,500,000 ($1,400,000)
Equity Four [Member}    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value  
Valuation Technique [2]   Net Orderly Liquidation Value
Unobservable Inputs Location Value Total Asset Value Recovery Rate
Range (Average) [3] $1,050,000-$1,250,000 ($1,150,000) 54%-86% (70%)
Equity Five [Member}    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value $ 1,379,019
Valuation Technique Net Orderly Liquidation Value [1] Appraisal Value Coverage [2]
Unobservable Inputs Total Asset Value Recovery Rate Cost Approach
Range (Average) [3] 45%-75% (60%) $1,323,000-$1,617,000 ($1,470,000)
Equity Six [Member}    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value $ 447,909  
Valuation Technique [1] Appraisal Value Coverage  
Unobservable Inputs Cost Approach Sales Comparison Approach
Range (Average) [3] $820,000-$1,055,000 ($938,000) $1,395,000-$1,705,000 ($1,550,000)
Equity Seven [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Unobservable Inputs Sales Comparison Approach  
Range (Average) [3] $919,000-$1,176,000 ($1,048,000)  
Equity Eight [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value $ 447,910  
Valuation Technique Broker Estimates  
Unobservable Inputs Broker Estimate  
Range (Average) [3] $972,000-$1,211,000 ($1,092,000)  
Equity [Member}    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value $ 895,819 $ 1,379,019
Total Investments [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value $ 16,654,297 19,217,779
Second Mortgage Three [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value   $ 3,113,437
Valuation Technique [2]   Net Orderly Liquidation Value
Unobservable Inputs   Total Asset Value Recovery Rate
Range (Average) [3]   54%-86% (70%)
[1] There was a change in the valuation technique from the prior quarter for the Company’s investment in a portfolio company with a first lien revolver and equity position. The change added a valuation technique using broker estimates as a source to properly estimate fair market value.
[2] There were no changes in the valuation technique for the Company’s investments from the prior quarter.
[3] The average represents the arithmetic average of the unobservable inputs and is not weighted by the relative fair value.