Profiles · Principals
- Type
- Person
- Role
- Executive
- Programs
- PPP
- Updated
The profile
Intuit's chief executive since January 2019, whose QuickBooks Capital became an SBA-approved PPP lender on April 10, 2020 and, by Intuit's count, helped more than 30,000 small businesses get more than $1.2 billion in PPP loans.
Identity and role
Sasan Goodarzi is chairman and chief executive officer of Intuit. During the pandemic, Intuit's QuickBooks software already held small businesses' payroll, revenue, accounting and tax records. QuickBooks Capital participated in PPP, putting Goodarzi's company alongside Square, PayPal, Kabbage and other software-mediated small-business finance platforms.
Biography / career arc
Goodarzi joined Intuit in 2004, held senior product and business leadership roles across TurboTax, QuickBooks and Intuit's small-business group, and became CEO in January 2019. By then Intuit had already moved beyond tax software into payroll, merchant services and working-capital products.
Pandemic-relief / PPP-EIDL role
QuickBooks Capital became an SBA-approved PPP lender on April 10, 2020. It had payroll and accounting relationships with millions of small businesses and could pre-fill applications from records those businesses already kept. Intuit later said it had helped customers access more than $1.2 billion in PPP loans across more than 30,000 small businesses, an average under $40,000 a loan. That is a small-loan, high-volume profile much like the fintech channel. For 2021 second-draw loans, Intuit routed origination through Cross River Bank, the partner bank behind several of the larger fintech PPP operations.
Their own relief
No PPP or EIDL loan to Goodarzi personally is established in the public record.
Legal status / controversies
No PPP-fraud allegation against Goodarzi is in the public record. Intuit's enforcement exposure in the period was its TurboTax "free" advertising. On January 22, 2024 the FTC issued an opinion and final order (3-0) finding that Intuit had run deceptive "free" ads in violation of Section 5; separately, in May 2022 Intuit agreed to a $141 million, 50-state attorney-general settlement covering roughly 4.4 million consumers. Neither touches PPP.
Where they are now (2025–2026)
Goodarzi, 58, is chairman and CEO of Intuit; he signed the company's fiscal 2026 annual report in both capacities on September 9, 2026. On July 10, 2024 the company announced it would cut about 1,800 jobs (10% of staff) while planning to hire about 1,800 people, mostly in engineering and product. Goodarzi's message to employees said: "We do not do layoffs to cut costs, and that remains true in this case."
Sources
- Intuit/QuickBooks Capital, "Approved as Paycheck Protection Program (PPP) Lender" (April 10, 2020) — original: https://www.businesswire.com/news/home/20200410005221/en/Intuit-QuickBooks-Capital-Approved-as-Paycheck-Protection-Program-PPP-Lender
- Intuit, PPP results (more than $1.2 billion across more than 30,000 businesses; 2021 second draws via Cross River Bank) — original: https://investors.intuit.com/news-events/press-releases/detail/192/
- FTC, opinion and final order on TurboTax "free" advertising (Jan. 22, 2024) — original: https://www.ftc.gov/news-events/news/press-releases/2024/01/ftc-issues-opinion-finding-turbotax-maker-intuit-inc-engaged-deceptive-practices
- California Attorney General, $141 million 50-state TurboTax settlement (May 2022) — original: https://oag.ca.gov/news/press-releases/attorney-general-bonta-announces-distribution-141-million-settlement-millions
- Intuit, message to employees on job cuts and hiring (July 10, 2024) — original: https://www.sec.gov/Archives/edgar/data/896878/000089687824000030/ex9901-emltointuitemployee.htm
- Intuit Inc., Form 10-K for the fiscal year ended July 31, 2026 (signed September 9, 2026) — original: https://www.sec.gov/Archives/edgar/data/896878/000089687826000037/intu-20260731.htm
- Intuit, executive biography of Sasan Goodarzi — original: https://www.intuit.com/company/executives/sasan-goodarzi/
- Related profile: Intuit QuickBooks Capital