Taylorsville City Journal | June 2020

Page 1

June 2020 | Vol. 7 Iss. 06

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AMIDST THE CHAOS,

TAYLORSVILLE BUSINESS SECURES $575,000 PPP LOAN By Carl Fauver | c.fauver@mycityjournals.com

T

he world came falling out from under a new Taylorsville business owner, less than two weeks after she and a partner bought the company she had built from the ground up, as its executive director. Faced with possible financial ruin she never saw coming, Kris Carter turned to the kind of help that many of us instinctively think is more the problem than the solution. Carter put her faith in banking behemoth JPMorgan Chase. But while we may think of the bank as a “Goliath,” Kris had no idea the pair of bankers who landed in her corner would be so “David-like.” The result? Carter secured a $575,000 Paycheck Protection Program loan, ensuring none of her 58 Aspire Home Health & Hospice (1020 Atherton Drive) employees would have to be laid off. “I couldn’t believe two bankers from such a huge operation would care so much,” Carter said, while failing to muffle tears. “I did not expect such a human touch from such a large organization. The loan allowed me to guarantee my employees’ salaries. When I told them we got the loan, they were crying, I was crying. They are like family and are so brave. I did not want to let them down.” Nearly 60 Taylorsville employees are still receiving their pay, after Aspire Home Health & Hospice secured a $575,000 PPP loan. (Aspire HH&H) Aspire Home Health & Hospice opened its Taylorsville doors in 2010 with Carter as one of the founders. fan out across the Salt Lake Valley, serving patients where have traveling nurses, CNAs (certified nursing assistants), However, she did not have an ownership stake in the they live. doctors and therapists. In addition to our 58 employees, company. Instead, the business was simply one of many, “We provide hospice care in private homes, assist- we also have 30 contracted medical providers.” owned by a larger operation. ed living facilities and nursing homes,” Carter said. “We About 15 months ago, Continued page 5 Aspire has no on-site patients. Instead, its employees

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