If Then Macro based on one column to assign category to another

I have a report I am trying to assign per deal in VBA as "excess" or as "liability" in Column X based on a value in Column S:
If cell in column S is > 99.99 then it equals "EXCESS" in Column X
If cell in Column S is < 99.99 then it equals "LIABILITY" in Column X

The thing I am struggling with is assigning the value in Column X from Column S starting at cell S11 since that is where the values start. The header starts at cell S10 so anything below that with value applies.

Let me know if you can help!

Formula:

=IF(S11 > 99.99, "EXCESS", "LIABILITY")

VBA:

Sub angeleenmc()

For Each Cell In Range("S11:S" & Cells(Rows.Count, "S").End(xlUp).Row)
    If Cell.Value > 99.99 Then
        Range("X" & Cell.Row).Value = "EXCESS"
    Else
        Range("X" & Cell.Row).Value = "LIABILITY"
    End If
Next

End Sub

Thank you!
Can you also help me with another macro? If Column P contains "A/", "A.", "U/" or "UD/" as the first 2 or 3 characters of the cell to the left then it equals "PAID" or "AD" in Column Z

as the first 2 or 3 characters of the cell to the left

I'm not understanding how the cell to the left (column O, i guess?) is related to this problem. I read it as: if column P starts with certain letters, modify column Z.

If a cell in Column P contains "A/", "A.", "U/" or "UD/" in the beginning of the cell then Column Z = AD, if not then = PAID in Column Z

Sub angeleenmc2()
Arr = Array("A/", "A.", "U/")
For Each Cell In Range("P11:P" & Cells(Rows.Count, "P").End(xlUp).Row)
    If UBound(Filter(Arr, Left(Cell.Value, 2))) > -1 Or Left(Cell.Value, 3) = "UD/" Then
        Range("Z" & Cell.Row).Value = "AD"
    Else
        Range("Z" & Cell.Row).Value = "PAID"
    End If
Next
End Sub

Thank you!

Glad to help. Please mark this thread as SOLVED.

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