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:
through
DD/MM/YYYY
DD/MM/YYYY
Income:
Gross Sales and Receipts............................................................................................
Other Income:
Other Income (interest, fees earned, etc.)¡¡¡¡¡................................................
Total Income (Gross Sales plus Other Income)..........................................................
Business Only
Salaries Paid to Owners (other than me/us)¡¡¡..................
Expenses:
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
Co-Borrower Signature
Date
Date
C3_12873_640375
................
................
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