---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-067477"
form_type: "8-K"
ticker: "AGSS"
cik: "0001514443"
company_name: "AMERIGUARD SECURITY SERVICES, INC."
filed_at: "2025-07-14T23:59:59+00:00"
generated_at: "2026-05-18T06:39:03.738407+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Ameriguard receives default notice on $7M credit line; unable to meet July payroll

## Summary
- Received Event of Default notice on $7M revolving credit facility from List Government Receivables Fund, LLC on July 1, 2025.
- Outstanding balance $5,845,900; incremental 4.75% interest accrues from June 12, 2025.
- Requested $981,816 draw for July 10 payroll denied by lender due to default.
- Company states it cannot satisfy July 10, 2025 payroll obligation, materially adversely affecting results.
- Default triggered by lender deeming itself insecure under Section 21(e) due to material change in business/financial condition.

## SEC filing metadata
- accession: 0001104659-25-067477
- form_type: 8-K
- ticker: AGSS
- cik: 0001514443
- company_name: AMERIGUARD SECURITY SERVICES, INC.
- filed_at: 2025-07-14T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.04, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1514443/000110465925067477/0001104659-25-067477-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1514443/000110465925067477/tm2520142d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-067477
- JSON: https://secwatch.observer/filing/0001104659-25-067477.json
- Plain text: https://secwatch.observer/filing/0001104659-25-067477.txt

## Key facts
- Debt Financings
  AMERIGUARD SECURITY SERVICES, INC. reported a default on revolving credit of aggregate maximum principal amount of $7,000,000 with List Government Receivables Fund, LLC at U.S. prime rate in effect from time to time (divided by 365) plus 0.0246%.
  - Instrument: revolving credit
  - Principal: aggregate maximum principal amount of $7,000,000
  - Counterparty: List Government Receivables Fund, LLC
  - Rate: U.S. prime rate in effect from time to time (divided by 365) plus 0.0246%
  - Event: default
  source text: List Government Receivables Fund, LLC (the “Lender”). The Financing Agreement provides for a revolving line of credit for Borrower in the aggregate maximum principal amount of $7,000,000. Amounts advanced accrue interest daily at the U.S. prime rate in effect from time to time (divided by 365) plus 0.0246%. The current outstanding principal balance due is
  evidence_url: https://www.sec.gov/Archives/edgar/data/1514443/000110465925067477/0001104659-25-067477-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.