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  5. DRIVES AND CONVEYORS, INC.

DRIVES AND CONVEYORS, INC.

Company Details

Name: DRIVES AND CONVEYORS, INC.
Legal type: Foreign Corporation
Status: Active
Standing: Good
Profit or Non-Profit: Profit
File Date: 23 Apr 1976 (49 years ago)
Authority Date: 23 Apr 1976 (49 years ago)
Last Annual Report: 04 Jun 2024 (10 months ago)
Organization Number: 0067821
Industry: Miscellaneous Retail
Number of Employees: Small (0-19)
ZIP code: 40702
City: Corbin
Primary County: Whitley County
Principal Office: P. O. BOX 399, CORBIN, KY 40702
Place of Formation: TENNESSEE

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
DRIVES AND CONVEYORS, INC. 401(K) PROFIT SHARING PLAN 2023 620892967 2024-09-19 DRIVES AND CONVEYORS, INC. 15
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1987-03-01
Business code 453990
Sponsor’s telephone number 6065280500
Plan sponsor’s address 3865 CUMBERLAND FALLS HWY, CORBIN, KY, 40701

Signature of
Role Plan administrator
Date 2024-09-18
Name of individual signing CHRIS BINGHAM
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2024-09-19
Name of individual signing ALFRED APPLE
Valid signature Filed with authorized/valid electronic signature
DRIVES AND CONVEYORS, INC. 401(K) PROFIT SHARING PLAN 2022 620892967 2023-09-25 DRIVES AND CONVEYORS, INC. 16
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1987-03-01
Business code 453990
Sponsor’s telephone number 6065280500
Plan sponsor’s address 3865 CUMBERLAND FALLS HWY, CORBIN, KY, 40701

Signature of
Role Plan administrator
Date 2023-09-18
Name of individual signing CHRIS BINGHAM
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2023-09-25
Name of individual signing ALFRED APPLE
Valid signature Filed with authorized/valid electronic signature
DRIVES AND CONVEYORS, INC. 401(K) PROFIT SHARING PLAN 2021 620892967 2022-09-26 DRIVES AND CONVEYORS, INC. 24
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1987-03-01
Business code 453990
Sponsor’s telephone number 6065280500
Plan sponsor’s address 3865 CUMBERLAND FALLS HWY, CORBIN, KY, 40701

Signature of
Role Plan administrator
Date 2022-09-26
Name of individual signing CHRIS BINGHAM
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2022-09-26
Name of individual signing ALFRED APPLE
Valid signature Filed with authorized/valid electronic signature
DRIVES AND CONVEYORS, INC. 401(K) PROFIT SHARING PLAN 2020 620892967 2021-04-21 DRIVES AND CONVEYORS, INC. 18
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1987-03-01
Business code 453990
Sponsor’s telephone number 6065280500
Plan sponsor’s address 3865 CUMBERLAND FALLS HWY, CORBIN, KY, 40701

Signature of
Role Plan administrator
Date 2021-04-21
Name of individual signing CHRIS BINGHAM
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2021-04-21
Name of individual signing ALFRED APPLE
Valid signature Filed with authorized/valid electronic signature
DRIVES AND CONVEYORS, INC. 401(K) PROFIT SHARING PLAN 2019 620892967 2020-04-01 DRIVES AND CONVEYORS, INC. 22
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1987-03-01
Business code 453990
Sponsor’s telephone number 6065280500
Plan sponsor’s address 3865 CUMBERLAND FALLS HWY, CORBIN, KY, 40701

Signature of
Role Plan administrator
Date 2020-03-31
Name of individual signing CHRIS BINGHAM
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2020-04-01
Name of individual signing ALFRED APPLE
Valid signature Filed with authorized/valid electronic signature
DRIVES AND CONVEYORS, INC. 401(K) PROFIT SHARING PLAN 2018 620892967 2019-05-14 DRIVES AND CONVEYORS, INC. 30
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1987-03-01
Business code 453990
Sponsor’s telephone number 6065280500
Plan sponsor’s address 3865 CUMBERLAND FALLS HWY, P.O. BOX 40702, CORBIN, KY, 40701

Signature of
Role Plan administrator
Date 2019-05-14
Name of individual signing CHRIS BINGHAM
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2019-05-14
Name of individual signing ALFRED APPLE
Valid signature Filed with authorized/valid electronic signature
DRIVES AND CONVEYORS, INC. 401(K) PROFIT SHARING PLAN 2017 620892967 2018-05-24 DRIVES AND CONVEYORS, INC. 29
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1987-03-01
Business code 453990
Sponsor’s telephone number 6065280500
Plan sponsor’s address 3865 CUMBERLAND FALLS HWY, P.O. BOX 40702, CORBIN, KY, 40701

Signature of
Role Plan administrator
Date 2018-05-24
Name of individual signing CHRIS BINGHAM
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2018-05-24
Name of individual signing ALFRED APPLE
Valid signature Filed with authorized/valid electronic signature
DRIVES AND CONVEYORS, INC. 401(K) PROFIT SHARING PLAN 2016 620892967 2017-09-25 DRIVES AND CONVEYORS, INC. 29
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1987-03-01
Business code 453990
Sponsor’s telephone number 6065280500
Plan sponsor’s address 3865 CUMBERLAND FALLS HWY, P.O. BOX 40702, CORBIN, KY, 40701

Signature of
Role Plan administrator
Date 2017-09-25
Name of individual signing CHRIS BINGHAM
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2017-09-25
Name of individual signing ALFRED APPLE
Valid signature Filed with authorized/valid electronic signature
DRIVES AND CONVEYORS, INC. 401(K) PROFIT SHARING PLAN 2015 620892967 2016-06-29 DRIVES AND CONVEYORS, INC. 30
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1987-03-01
Business code 453990
Sponsor’s telephone number 6065280500
Plan sponsor’s address 3865 CUMBERLAND FALLS HWY, P.O. BOX 40702, CORBIN, KY, 40701

Signature of
Role Plan administrator
Date 2016-06-29
Name of individual signing CHRIS BINGHAM
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2016-06-21
Name of individual signing ALFRED APPLE
Valid signature Filed with authorized/valid electronic signature
DRIVES AND CONVEYORS, INC. 401K PROFIT SHARING PLAN 2014 620892967 2015-06-12 DRIVES AND CONVEYORS, INC. 31
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1987-03-01
Business code 453990
Sponsor’s telephone number 6065280500
Plan sponsor’s address 3865 CUMBERLAND FALLS HIGHWAY, CORBIN, KY, 40701

Signature of
Role Plan administrator
Date 2015-06-09
Name of individual signing CHRIS BINGHAM
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2015-06-12
Name of individual signing ALFRED APPLE
Valid signature Filed with authorized/valid electronic signature
File https://efast2-filings-public.s3.amazonaws.com/prd/2014/06/24/20140624142816P030402172147001.pdf
Three-digit plan number (PN) 001
Effective date of plan 1987-03-01
Business code 453990
Sponsor’s telephone number 6065280500
Plan sponsor’s address 3865 CUMBERLAND FALLS HIGHWAY, CORBIN, KY, 40701

Signature of
Role Plan administrator
Date 2014-06-24
Name of individual signing CHRIS BINGHAM
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2014-06-24
Name of individual signing ALFRED APPLE
Valid signature Filed with authorized/valid electronic signature
File https://efast2-filings-public.s3.amazonaws.com/prd/2013/05/20/20130520103113P040286484465001.pdf
Three-digit plan number (PN) 001
Effective date of plan 1987-03-01
Business code 453990
Sponsor’s telephone number 6065280500
Plan sponsor’s address 3865 CUMBERLAND FALLS HIGHWAY, CORBIN, KY, 40701

Signature of
Role Plan administrator
Date 2013-05-20
Name of individual signing CHRIS BINGHAM
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2013-05-20
Name of individual signing ALFRED APPLE
Valid signature Filed with authorized/valid electronic signature
File https://efast2-filings-public.s3.amazonaws.com/prd/2012/03/24/20120324154118P040056328161001.pdf
Three-digit plan number (PN) 001
Effective date of plan 1987-03-01
Business code 453990
Sponsor’s telephone number 6065280500
Plan sponsor’s address 3865 CUMBERLAND FALLS HIGHWAY, CORBIN, KY, 40701

Plan administrator’s name and address
Administrator’s EIN 620892967
Plan administrator’s name DRIVES AND CONVEYORS, INC.
Plan administrator’s address 3865 CUMBERLAND FALLS HIGHWAY, CORBIN, KY, 40701
Administrator’s telephone number 6065280500

Signature of
Role Plan administrator
Date 2012-03-21
Name of individual signing CHRIS BINGHAM
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2012-03-24
Name of individual signing ALFRED APPLE
Valid signature Filed with authorized/valid electronic signature
File https://efast2-filings-public.s3.amazonaws.com/prd/2011/02/18/20110218070233P040003951911001.pdf
Three-digit plan number (PN) 001
Effective date of plan 1987-03-01
Business code 453990
Sponsor’s telephone number 6065280500
Plan sponsor’s address 3865 CUMBERLAND FALLS HIGHWAY, CORBIN, KY, 40701

Plan administrator’s name and address
Administrator’s EIN 620892967
Plan administrator’s name DRIVES AND CONVEYORS, INC.
Plan administrator’s address 3865 CUMBERLAND FALLS HIGHWAY, CORBIN, KY, 40701
Administrator’s telephone number 6065280500

Signature of
Role Plan administrator
Date 2011-02-12
Name of individual signing CHRIS BINGHAM
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2011-02-17
Name of individual signing ALFRED APPLE
Valid signature Filed with authorized/valid electronic signature
File https://efast2-filings-public.s3.amazonaws.com/prd/2010/06/02/20100602131825P030064015000001.pdf
Three-digit plan number (PN) 001
Effective date of plan 1987-03-01
Business code 453990
Sponsor’s telephone number 6065280500
Plan sponsor’s address 3865 CUMBERLAND FALLS HIGHWAY, CORBIN, KY, 40701

Plan administrator’s name and address
Administrator’s EIN 620892967
Plan administrator’s name DRIVES AND CONVEYORS, INC.
Plan administrator’s address 3865 CUMBERLAND FALLS HIGHWAY, CORBIN, KY, 40701
Administrator’s telephone number 6065280500

Signature of
Role Plan administrator
Date 2010-06-02
Name of individual signing ALFRED APPLE
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2010-05-31
Name of individual signing ALFRED APPLE
Valid signature Filed with authorized/valid electronic signature

Director

Name Role
C. W. MAYES, JR. Director
WILLIAM MOYE Director
ALFRED APPLE Director

Incorporator

Name Role
C. J. HULEN Incorporator

Registered Agent

Name Role
ALFRED APPLE Registered Agent

President

Name Role
Alfred Apple President

Secretary

Name Role
Alfred Apple Secretary

Filings

Name File Date
Annual Report 2024-06-04
Annual Report 2023-03-14
Registered Agent name/address change 2023-03-14
Annual Report 2022-05-05
Annual Report 2021-06-22
Annual Report 2020-02-25
Annual Report 2019-06-24
Annual Report 2018-05-30
Annual Report 2017-05-04
Annual Report 2016-02-18

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
6995088302 2021-01-27 0457 PPS 3865 Cumberland Falls Hwy, Corbin, KY, 40701-9042
Loan Status Date 2021-10-06
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 171517.95
Loan Approval Amount (current) 171517.95
Undisbursed Amount 0
Franchise Name -
Lender Location ID 124504
Servicing Lender Name Hometown Bank of Corbin, Inc. d/b/a Hometown Bank
Servicing Lender Address 1030 Cumberland Falls Hwy, CORBIN, KY, 40701-2713
Rural or Urban Indicator R
Hubzone Y
LMI N
Business Age Description Existing or more than 2 years old
Project Address Corbin, WHITLEY, KY, 40701-9042
Project Congressional District KY-05
Number of Employees 8
NAICS code 333922
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 124504
Originating Lender Name Hometown Bank of Corbin, Inc. d/b/a Hometown Bank
Originating Lender Address CORBIN, KY
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 172575.25
Forgiveness Paid Date 2021-09-13
7471907100 2020-04-14 0457 PPP 3865 Cumberland Falls Hwy, Corbin, KY, 40701-9042
Loan Status Date 2020-06-04
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 166537.87
Loan Approval Amount (current) 124404.67
Undisbursed Amount 0
Franchise Name -
Lender Location ID 124504
Servicing Lender Name Hometown Bank of Corbin, Inc. d/b/a Hometown Bank
Servicing Lender Address 1030 Cumberland Falls Hwy, CORBIN, KY, 40701-2713
Rural or Urban Indicator R
Hubzone Y
LMI N
Business Age Description Existing or more than 2 years old
Project Address Corbin, WHITLEY, KY, 40701-9042
Project Congressional District KY-05
Number of Employees 10
NAICS code 333922
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 124504
Originating Lender Name Hometown Bank of Corbin, Inc. d/b/a Hometown Bank
Originating Lender Address CORBIN, KY
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 125427.17
Forgiveness Paid Date 2021-02-17

Government Spending

Branch Date of Service Fiscal Year Cabinet Department Classification Item Name Amount
Executive 2025-02-25 2025 Transportation Cabinet Department Of Highways Supplies Motor Vehicle Supplies & Parts 78.33
Executive 2024-11-25 2025 Tourism, Arts and Heritage Cabinet Kentucky Department Of Parks Supplies Building Materials & Supplies 55
Executive 2024-11-25 2025 Transportation Cabinet Department Of Highways Supplies Motor Vehicle Supplies & Parts 80.59
Executive 2024-08-27 2025 Tourism, Arts and Heritage Cabinet Kentucky Department Of Parks Supplies Building Materials & Supplies 174.15
Executive 2024-07-25 2025 Transportation Cabinet Department Of Highways Supplies Motor Vehicle Supplies & Parts 95

Related by officers

WILLIAM MOYE

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ALFRED APPLE

C. W. M., INC.

Alfred Apple

C. W. M., INC. D&C Machine, Inc.

Related by address

No related companies by address

Sources: Kentucky Secretary of State

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