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PPP Loan Data — Performance Filtration Group, Nashville, TN

SBA PPP loan data, payroll data, and salaries for Performance Filtration Group

Performance Filtration Group

Entity: Limited Liability Company (LLC)

Industry: Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing

Location: Nashville, TN

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Performance Filtration Group is a limited liability company (LLC) located at 1 Vantage Way in Nashville, Tennessee that received a Coronavirus-related PPP loan from the SBA of $8,422,500.00 in April, 2020.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




Performance Filtration Group in Nashville, TN received a Paycheck Protection Loan of $8.42M through PINNACLE BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Performance Filtration Group's total 2019 payroll expenses were approximately $40.43M in order to qualify for the PPP loan amount received.

Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $80,856 per employee1.

Because the loan received by Performance Filtration Group is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Performance Filtration Group in Nashville, TN

Performance Filtration Group
1 Vantage Way
Nashville, TN 37228

Business Industry

Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing (NAICS code 333415)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: TN-05

Industry PPP Comparison Statistics

Nationwide, 1,371 businesses in the "Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing" industry received a total of $368,409,539.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.

PPP recipients in this industry report an average of 20 employees, 96% lower than Performance Filtration Group's reported 500 employees, and received an average PPP loan of $268,716, 97% lower than this company's loan of $8.42M.

FederalPay's PPP Information Policy

Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan. All information displayed on this page is publicly available information under PPP loan guidelines, and is published unmodified, as provided by the SBA.

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Footnotes & Information

1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.

2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.

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** This Document Provided By - The Civil Employee's Resource **