Deerbank Capital Group, a small-business funding service based in Conway, South Carolina, takes funding requests from Myrtle Beach businesses by phone or online. This page sets out ZIP 29577 employer counts and resident self-employment figures and answers license questions before a request. Funding partners review each request and decide.
At a glance
- Employer establishments, ZIP 29577
2,612 (ZBP 2023)
- Self-employed residents, Myrtle Beach, SC
13.7% (+/- 2.2) (ACS 2020-2024)
- Distance from Conway, SC
12.6 miles southeast
ZIP 29577 Employers by Sector, Myrtle Beach, SC
| Sector | Establishments | Under 5 employees |
|---|---|---|
| Retail Trade | 489 | 37.6% |
| Accommodation and Food Services | 449 | 24.9% |
| Real Estate and Rental and Leasing | 294 | 73.5% |
| Professional, Scientific, and Technical Services | 248 | 58.1% |
| Other Services | 199 | 62.3% |
| Health Care and Social Assistance | 192 | 57.3% |
ZIP 29577 had 2,612 employer establishments, 34,946 paid employees and $1.41 billion in annual payroll in 2023; 48.8% of its establishments had fewer than five employees (ZIP Code Business Patterns). Payroll per paid employee works out to about $40,402 (our arithmetic, annual payroll divided by March employees).
How Much of ZIP 29577 Is Myrtle Beach, SC?
The City of Myrtle Beach, SC covers 78.4% of ZIP 29577's land, and the ZIP holds 76.2% of the city's land; the rest of the city lies in ZIPs 29572, 29579 and others (Census ZCTA-to-place relationship file, 2020). The ZIP figures above are a close stand-in for the city, but they are ZIP figures, not city-limit counts.
Own-Account Workers Among Myrtle Beach, SC Residents, ACS 2020-2024
13.7% (+/- 2.2) of employed Myrtle Beach, SC residents were self-employed in the 2020-2024 American Community Survey: 5.6% (+/- 1.4) in their own incorporated business and 8.1% (+/- 1.7) in an unincorporated one. A sole owner's request is read from both personal and business records, since the two are closely tied.
City of Myrtle Beach, SC Business License: Timing Before a Funding Request
A business inside Myrtle Beach, SC city limits licenses with the city, and a partner funding a new location, a purchase or a build-out may ask for that license before releasing money. If the business is opening or moving, start the license process before the funding request so the two finish together.
Myrtle Beach, SC Business License Renewal: A Short Checklist
- The current license and its renewal date.
- Gross receipts figures used for the renewal, which should match the business's own books.
- Any hospitality or accommodations tax filings that apply to the business.
- Proof the renewal was paid.
Myrtle Beach, SC Business License Application Before You Apply for Funding
If the license application is still pending, say so in the funding request. A partner may proceed with its review and hold funding until the license issues, or ask to see it first. Either way, the pending application is something to mention, not hide.
Myrtle Beach, SC or North Myrtle Beach, SC License: Where Horry County, SC Fits In
Myrtle Beach, SC and North Myrtle Beach, SC are separate cities, each licensing businesses inside its own limits; unincorporated areas between them fall to Horry County, SC. A business that works in more than one of them, such as a contractor or a mobile service, may need to check with each.
How to Get a Business License in SC? Practical Notes
Check the address, contact the office for that jurisdiction, file the application with the business's registration details and any zoning sign-off, and keep the issued license with your funding records. For cash flow while a new location gets going, see working capital; for fixtures, ovens or vehicles, see equipment financing. Industry-by-industry notes are on the industries page, the county figures on the Conway, SC page, and other towns on the service-area page.
Business owners served across Myrtle Beach, SC
Most kinds of Myrtle Beach, SC business can be put in front of a partner; examples include contractors and construction trades, restaurants and food service, medical and dental practices and retailers and wholesalers that carry stock. The partner handling a file decides on its own terms, case by case.
Documents to assemble in Myrtle Beach, SC
- Bank statements for each account the business uses covering the past three to six months
- The newest federal return for the company and, if requested, your personal return
- Profit and loss figures for this year so far and a matching balance sheet
- Photo identification such as a license or passport for each owner listed on the request
- Articles or a certificate of formation and the EIN confirmation letter
- A breakdown of current business debt and what each one costs per month
Document requests differ from partner to partner, so use this list as a guide.
The sequence after a phone call from Myrtle Beach, SC
- Get in touch at (843) 212-2076 or fill out the request form, noting what the money is for.
- Then the details reach partners whose products match the purpose you described.
- A reviewing partner weighs the request and decides independently.
- If a partner makes an offer, read the total cost and every term; you decide whether to accept.
Local firms in Myrtle Beach, SC can start and finish a request by phone or through the form.
By Deerbank Capital Group ยท Updated
