Jose borrowed $27300 from the bank to start a small business. He rented a shop for $1600/month. Purchased machinery, materials, and other items to start up the business for $4800, and leased a work truck for $371.57/month with a $1500 down payment. How much of the bank loan is left for Jose to pay the 4 employees he needs for his business after his initial costs and the first month of bills?

Round to the nearest cent.