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Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]    
Interest income from loans $ 5,608,660 $ 5,988,622
Origination fees 1,199,230 1,017,729
Total Revenue 6,807,890 7,006,351
Operating costs and expenses:    
Interest and amortization of deferred financing costs 1,045,548 1,356,015
Referral fees 7,532 5,875
General and administrative expenses 1,348,838 1,434,438
Total operating costs and expenses 2,401,918 2,796,328
Income from operations 4,405,972 4,210,023
Other income 18,000 20,000
Income before income tax expense 4,423,972 4,230,023
Income tax expense (647) (645)
Net income $ 4,423,325 $ 4,229,378
Basic and diluted net income per common share outstanding:    
—Basic $ 0.42 $ 0.44
—Diluted $ 0.42 $ 0.44
Weighted average number of common shares outstanding    
—Basic 10,524,055 9,631,296
—Diluted 10,524,055 9,631,296