I launched Activity Monitor on an Intel MacBook Air running macOS 11.6. No ppm_* process present. I then opened Google Chrome 94 to a Wikipedia page, and observed Activity Monitor. There is no searchable ppm_* process, and all Chrome-related processes show Google Chrome, or Google Chrome Helper (of which there are 6).
I now believe that something other than Google Chrome may be the source of that ppm_* process in your activity monitor. Reboot your Mac, and without launching anything. check Activity Monitor for that process. If it is present, something that you installed is using a Launch Daemon to start that process running and more detective work is necessary. If that ppm_* process is not present. Launch one application that was running when you observed this process previously and see if it appears, and so on.
If you have installed HoudahSpot (as a Spotlight replacement), or running any anti-virus or so-called cleaner (e.g. MacKeeper) applications, completely remove them per the vendor's instructions.