PROFIT AND LOSS STATEMENT - Bank of America
PROFIT AND LOSS STATEMENT
Please complete a separate Profit and Loss Statement for each business owned by the borrower(s). Name(s) of Borrower(s):
Company Name:
Type of Business:
For the Period:
DD/MM/YYYY
through
DD/MM/YYYY
Income: Other Income:
Business Only Expenses:
Gross Sales and Receipts............................................................................................
Other Income (interest, fees earned, etc.)...............................................................
Total Income (Gross Sales plus Other Income)..........................................................
Salaries Paid to Owners (other than me/us)........................... Salaries Paid to Employees (other than me/us)....................... Benefits to Owners/Employees (other than me/us)................ Payroll Taxes.................................................................... Business Utilities.............................................................. Business Rent and/or Mortgage Payments............................. Insurance........................................................................ Advertising...................................................................... Telephone....................................................................... Office Expenses.............................................................. Repairs and Maintenance.................................................. Business Travel, Meals, and Entertainment......................... Other Business Expenses.................................................
Total Business Expenses............................................ Net Income/Loss: (Total Income minus Total Expenses)..............................................................
Amount of Net Income That Borrower(s) Received.......................................................................
This form accurately states my/our business expenses and self-employed income for the stated period.
_______________________________________ Borrower Signature
__________________ Date
_______________________________________ Co-Borrower Signature
__________________ Date
C3_12873_640375
................
................
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