PUNTA GORDA, Fla. — Earlier this year, Fishermen’s Village went up for sale; now, foreclosure is on the table. 

Businesses in the village don’t seem too worried about it. 

U.S. National Bank is suing the owner of Fishermen’s Village, Jonathan Larmore, for not paying millions of dollars in loans. 

They say he diverted money to personal expenses and other properties. 

Amber Zink and her family own three shops at Fishermen’s Village, and they are planning to open a fourth next month.

“I’ve worked in the village since I was 15. We love it here. This is our home; this is where we spend every waking moment,” said Zink. 

And visitors enjoy it too. 

“It’s a wonderful place, people are so nice, and it’s safe,” said Ken Feder. 

Ken Feder walks his dog around the shops almost every day. He couldn’t imagine not visiting. 

“I think people would be very disappointed because this is a place people come here every day,” said Feder. 

I spoke with Larmore’s financial advisor to get to the bottom of where the village stands today.

“The bank could take the action to foreclose, but that is down the road, and I think we will have plenty of options to make sure that does not happen,” Dan DeCarlo, a financial consultant.

DeCarlo and the business owners I spoke to today are confident that the village will stay the same as it has been for years.

The bank did serve a notice of intent to foreclose in March. 

The next hearing is Aug. 9.

Everyone is waiting to see if they will have a new owner or investors by that time.