Answer:

Array formula in cell E2:

How to enter an array formula

1. Select cell E2
2. Paste array formula to formula bar
3. Press and hold CTRL + SHIFT
4. Press Enter

How to copy array formula

1. Select cell E2
2. Copy cell E2 (Ctrl + c)
3. Select cell range E3:E23
4. Paste (Ctrl + v)

Explaining array formula in cell E2

Step 1 - Determine which cell range to use

The less than an larger than signs combined checks if a value is not equal to another value, the result si a boolean value TRUE or FALSE.

B2:D2<>"Need to Overlook"

becomes

{"ACC","Need to Overlook","Need to Overlook"}<>"Need to Overlook"

and returns

{TRUE, FALSE, FALSE}

Step 2 - Determine which cell range to use

The MATCH function returns the relative position of an item in an array that matches a specified value in a specific order.

Function syntax: MATCH(lookup_value, lookup_array, [match_type])

MATCH(TRUE, B2:D2<>"Need to Overlook", 0)

becomes

MATCH(TRUE,{TRUE, FALSE, FALSE} , 0)

and returns 1.

Step 3 - Return cell reference

The INDEX function returns a value or reference from a cell range or array, you specify which value based on a row and column number.

Function syntax: INDEX(array, [row_num], [column_num])

INDEX((B2, C2, D2), , , MATCH(TRUE, B2:D2<>"Need to Overlook", 0))

becomes

INDEX((B2, C2, D2), , , 1)

and returns cell reference B2

Step 4 - Find a matching row

The COUNTIFS function calculates the number of cells across multiple ranges that equals all given conditions.

Function syntax: COUNTIFS(criteria_range1, criteria1, [criteria_range2, criteria2]…)

COUNTIFS(INDEX((B2, C2, D2), , , MATCH(TRUE, B2:D2<>"Need to Overlook", 0)), INDEX(($K$3:$K$11, $L$3:$L$11, $M$3:$M$11), , , MATCH(TRUE, B2:D2<>"Need to Overlook", 0)), A2, $J$3:$J$11)

becomes

COUNTIFS(B2, $K$3:$K$11, A2, $J$3:$J$11)

and returns

{1;0;0;0;0;0;0;0;0}.

Step 5 - Calculate the relative position of row

The MATCH function returns the relative position of an item in an array that matches a specified value in a specific order.

Function syntax: MATCH(lookup_value, lookup_array, [match_type])

MATCH(1, COUNTIFS(INDEX((B2, C2, D2), , , MATCH(TRUE, B2:D2<>"Need to Overlook", 0)), INDEX(($K$3:$K$11, $L$3:$L$11, $M$3:$M$11), , , MATCH(TRUE, B2:D2<>"Need to Overlook", 0)), A2, $J$3:$J$11), 0)

becomes

MATCH(1, {1;0;0;0;0;0;0;0;0}, 0)

and returns 1.

Step 6 - Return margin value

The INDEX function returns a value or reference from a cell range or array, you specify which value based on a row and column number.

Function syntax: INDEX(array, [row_num], [column_num])

INDEX($N$3:$N$11, MATCH(1, COUNTIFS(INDEX((B2, C2, D2), , , MATCH(TRUE, B2:D2<>"Need to Overlook", 0)), INDEX(($K$3:$K$11, $L$3:$L$11, $M$3:$M$11), , , MATCH(TRUE, B2:D2<>"Need to Overlook", 0)), A2, $J$3:$J$11), 0))

becomes

INDEX($N$3:$N$11, 1)

becomes

INDEX({725; 588; 560; 616; 606; 731; 724; 646; 867}, 1)

and returns 725 in cell E2.

Get the Excel file

MultipleLookup_solution1.xlsx