Skip to main content
Home

Header Links

  • Member Login
  • Contact Us
  • Members
    • Member Cooperatives
    • SIMECA Members
    • Cooperative Principles
  • Operations
    • Generation
    • Energy Portfolio
    • Transmission
    • Environmental & Safety
    • Interconnection Documents
  • Financial
    • Annual Reports
    • Financial Ratings
  • About
    • Board of Directors
    • Leadership Team
    • CIPCO at a Glance
    • Newsroom
    • Electric Vehicle
  • Careers
    • Career Opportunities
    • Power Up Your Career
    • CIPCO Difference

CIPCO Assists Indianola Pediatric Dentistry Development

Economic development funds assist Dr. Sandra Fox open pediatric dental clinic in Indianola, Iowa.
Tuesday | June 23, 2020
All News

FOR IMMEDIATE RELEASE

DATE: June 23, 2020

CONTACT: Cheri Monahan/319-734-4357/cheri.monahan@cipco.net
CONTACT: Kerry Koonce/515-657-2607/kerry.koonce@cipco.net

Indianola, IA - Central Iowa Power Cooperative (CIPCO) closed on a $360,000 loan with Indianola Pediatric Dentistry (IPD) on Tuesday June 23. The funds assisted Dr. Sandra Fox to open a new 3,898 square foot pediatric dental clinic at 2001 N. 6th Street in Indianola, built by Downing Construction. Her new practice will be the closest for over 24,000 children in Clarke, Lucas, Monroe, Ringgold, Decatur, Warren and Wayne counties. None of these counties currently have a pediatric dentist available. Dr. Fox will provide specialized and comprehensive dental care for infants, children, adolescents and patients with special health care needs. Dr. Fox also responds to emergency dental call on nights and weekends which prevents trips to local ERs; therefore, avoiding unnecessary costs and opioid prescriptions. Dr. Fox is a 2012 graduate from the University of Iowa College of Dentistry and has earned her Doctor of Dental Surgery (DDS) designation.

“Iowa’s communities succeed and grow by working together and supporting each other,” said CIPCO CEO Bill Cherrier. “CIPCO’s proud to support the economic growth of critical businesses throughout our service territory.”

The CIPCO loan was funded through USDA’s Rural Economic Development Loan and Grant program (REDLG). This program provides zero-interest loans and grants to rural utility providers who in turn re-lend the money at zero interest to local businesses. CIPCO applied for a grant on the behalf of the project, was awarded and contributed a 20 percent match, and then loaned the entire grant and match to IPD. As the loan is paid back to CIPCO it goes into a revolving loan fund that can then be loaned for other rural projects. CIPCO has an approximately $4.5M Revolving Loan Fund. REDLG is a nationally competitive program and CIPCO’s economic development partner, Iowa Area Development Group (IADG) assists in the application process. CIPCO and their member cooperatives utilize the REDLG program as one of the economic development tools to promote community development, economic growth, and help create and retain jobs in rural Iowa. 

Photo above includes: Cheri Monahan - Director of Growth Strategies, Central Iowa Power Cooperative (CIPCO); Jim Kullmer - President & CEO, Community Bank of Oelwein; Bill Cherrier – Executive Vice President, Central Iowa Power Cooperative (CIPCO); John Hollinrake – Regional Director, Senator Ernst Staff; Dr. Sandy Fox, Indianola Pediatric Dentistry; Bruce Nuzum – Senior VP, Finance & Operations, Iowa Area Development Group
 
About Indianola Pediatric Dentistry
IDP offers specialized dental care for children and teens in a fun, caring and family-friendly environment. As a pediatric dentist, Dr. Fox’s additional training has prepared her for the unique dental needs of each child she serves. IDP focus on preventative care to help each child grow a healthy smile that will last a lifetime! For more information, visit www.indianolapediatricdentistry.com.
About Iowa Area Development Group
IADG provides business and community project support on behalf of nearly 250 Iowa electric and telecommunications utilities. Confidential services include available site and building identification, financial incentives and packaging, technical assistance, and resources necessary to meet the client’s specific needs. For more information, visit www.iadg.com.  

 

iowa image
CIPCO White Logo

LOCATIONS

1400 Highway 13
Cedar Rapids IA 52403
P: (800) 373-8011

2600 Grand Avenue Ste. 300
Des Moines IA 50312
P: (800) 373-8011
 

QUICK LINKS

  • Integrated Resource Plan
  • Privacy Policy
  • Legal Information
  • Statement of Non-Discrimination
  • Website Accessibility

Main navigation

  • Members
    • Member Cooperatives
    • SIMECA Members
    • Cooperative Principles
  • Operations
    • Generation
    • Energy Portfolio
    • Transmission
    • Environmental & Safety
    • Interconnection Documents
  • Financial
    • Annual Reports
    • Financial Ratings
  • About
    • Board of Directors
    • Leadership Team
    • CIPCO at a Glance
    • Newsroom
    • Electric Vehicle
  • Careers
    • Career Opportunities
    • Power Up Your Career
    • CIPCO Difference

©2021 Central Iowa Power Cooperative. A Touchstone Energy Cooperative.

  • Members
    • Member Cooperatives
    • SIMECA Members
    • Cooperative Principles
  • Operations
    • Generation
    • Energy Portfolio
    • Transmission
    • Environmental & Safety
    • Interconnection Documents
  • Financial
    • Annual Reports
    • Financial Ratings
  • About
    • Board of Directors
    • Leadership Team
    • CIPCO at a Glance
    • Newsroom
    • Electric Vehicle
  • Careers
    • Career Opportunities
    • Power Up Your Career
    • CIPCO Difference