LOANS RECEIVABLE (Tables)

3 Months Ended

Mar. 31, 2022

Receivables [Abstract]

Schedule of Loans Receivable, Net

Loans receivable consist of the following (in thousands):

	March 31, 2022		December 31, 2021
SBA 7(a) loans receivable, subject to credit risk	$	45,802	$	42,103
SBA 7(a) loans receivable, subject to loan-backed notes	16,869		18,050
SBA 7(a) loans receivable, Paycheck Protection Program	3,386		5,050
SBA 7(a) loans receivable, subject to secured borrowings	6,458		6,857
SBA 7(a) loans receivable, held for sale	6,415		1,200
Loans receivable	78,930		73,260
Deferred capitalized costs, net	1,454		1,226
Loan loss reserves	(980)		(943)
Loans receivable, net	$	79,404	$	73,543