Company: AGSS
Filing Date: 2025-05-12
Form Type: 10-K
Source: 0001829126-25-003553
Chunk: 490

Company: AMERIGUARD SECURITY SERVICES, INC.
Filing Date: 2025-05-12
Form: 10-K
Item: Item 7A
Chunk 490
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 the final balance of $420,000 and satisfied the debt completely.

On December 20, 2023, AGSS entered into a standard merchant cash advance
agreement with TVT CAP (“TVT”), pursuant to which AGSS received $736,000 from TVT, for a purchase price of $800,000 and a
purchased receivables amount of $1,199,200. The purchased interest percentage was 14.87%. AGSS committed to paying VCG $49,966.67 weekly.
On February 7, 2025, the company paid off the final balance of $580,000 and satisfied the debt completely.

On January 2, 2024, AGSS entered into a standard merchant cash advance
agreement with Cedar Advance LLC (“Cedar”), pursuant to which AGSS received $504,000 from Cedar, for a purchase price of $525,000
and a purchased receivables amount of $719,250. The purchased interest percentage was 12%. AGSS committed to paying VCG $22,476.56 weekly.
On February 7, 2025, the company paid off the final balance of $475,000 and satisfied the debt completely.

This credit
line will provide the required operational liquidity for the Company through 2025 and into 2026 per the agreement signed February 2025.

F-16