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hi Sean Inman, 
 
Start by creating a calculated column that displays the text value you want eg: 
 
=IF ([Column 1] = &quot;yes&quot;, &quot;green&quot;, &quot;red&quot;) 
=IF ([Column 2] = &quot;yes&quot;, &quot;yellow&quot;, &quot;red&quot;) 
 
Then use this script: 
 

<pre><code class="code-10 nolinks" id="code-20-42828508-1">&lt;script&gt;
function CellColour()
{
var cell = $('td'); 

cell.each(function() { //loop through all td elements 

var cell_value = $(this).html(); //get the value

if (cell_value == &quot;red&quot;) 
 $(this).css({'color' : '#FA0404'}); // changes color to red.
if (cell_value == &quot;green&quot;) 
 $(this).css({'color' : '#60FF0B}); // changes color to green.
if (cell_value == &quot;yellow&quot;) 
 $(this).css({'color' : '#F5F902'}); // changes color to yellow.

});

}
_spBodyOnLoadFunctionNames.push(&quot;CellColour&quot;);

&lt;/script&gt;
</code></pre>
 
 
I found a similar problem <a href="https://sharepoint.stackexchange.com/questions/241178/how-to-color-code-the-sharepoint-list-column-value-based-on-a-condition" rel="ugc">here</a>, &nbsp;I hope this will help you.
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I found some JSON examples and I tried to modify it for my example but haven't been able to get it to work yet. Below is the JSON that I modified. &nbsp;I have also attached screenshots showing the list edit column fields. 
 

<pre><code class="code-10 nolinks" id="code-20-42829648-1">{
	&quot;$schema&quot;: &quot;https://developer.microsoft.com/json-schemas/sp/column-formatting.schema.json&quot;,
	&quot;elmType&quot;: &quot;div&quot;,
	&quot;attributes&quot;: {
		&quot;class&quot;: &quot;=if(@currentField == 'Yes', if(@currentField == 'No', if(@currentField == 'N/A',)))) + ' ms-fontColor-neutralSecondary'&quot;
	},
	&quot;children&quot;: [
		{
			&quot;elmType&quot;: &quot;span&quot;,
			&quot;style&quot;: {
				&quot;display&quot;: &quot;inline-block&quot;,
				&quot;padding&quot;: &quot;0 4px&quot;
			},
			&quot;attributes&quot;: {
				&quot;iconName&quot;: &quot;=if(@currentField == 'Yes', 'CheckMark', if(@currentField == 'No', 'Forward', if(@currentField == 'N/A', 'Error',))))&quot;
			}
		},
		{
			&quot;elmType&quot;: &quot;span&quot;,
			&quot;txtContent&quot;: &quot;@currentField&quot;
		}
	]
}
</code></pre>
<a href="https://filedb.experts-exchange.com/incoming/2019/03_w13/1416100/Screen-Shot-2019-03-26-at-7.16.10-PM.png" target="_blank" class="file-inline" title="Screen-Shot-2019-03-26-at-7.16.10-PM.png (79 KB)"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 512 512"><path d="M67.508 468.467c-58.005-58.013-58.016-151.92 0-209.943l225.011-225.04c44.643-44.645 117.279-44.645 161.92 0 44.743 44.749 44.753 117.186 0 161.944l-189.465 189.49c-31.41 31.413-82.518 31.412-113.926.001-31.479-31.482-31.49-82.453 0-113.944L311.51 110.491c4.687-4.687 12.286-4.687 16.972 0l16.967 16.971c4.685 4.686 4.685 12.283 0 16.969L184.983 304.917c-12.724 12.724-12.73 33.328 0 46.058 12.696 12.697 33.356 12.699 46.054-.001l189.465-189.489c25.987-25.989 25.994-68.06.001-94.056-25.931-25.934-68.119-25.932-94.049 0l-225.01 225.039c-39.249 39.252-39.258 102.795-.001 142.057 39.285 39.29 102.885 39.287 142.162-.028A739446.174 739446.174 0 0 1 439.497 238.49c4.686-4.687 12.282-4.684 16.969.004l16.967 16.971c4.685 4.686 4.689 12.279.004 16.965a755654.128 755654.128 0 0 0-195.881 195.996c-58.034 58.092-152.004 58.093-210.048.041z"/></svg>Screen-Shot-2019-03-26-at-7.16.10-PM.png</a>
</div>

Screen-Shot-2019-03-26-at-7.16.10-PM.png

<div>
<div class="content wysiwyg-content">
I have a SharePoint Online list with a couple columns that I'm trying to color code based on a specific value. &nbsp;Column 1 if value=yes, I want the cell to be light green and column 2 if value=Yes, make the cell light yellow and if value=N/A or No then the cell would be colored light red.
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I have a SharePoint Online list with a couple columns that I'm trying to color code based on a specific value.  Column 1 if value=yes, I want the cell to be light green and column 2 if value=Yes, make the cell light yellow and if value=N/A or No then the cell would be colored light red.

SharePoint Online List Color Coding

Microsoft Sharepoint is a software platform and family of software products used for collaboration and web publishing combined. These capabilities include developing web sites, portals, intranets, content management systems, search engines, wikis, blogs, and other tools for business intelligence and collaboration. SharePoint has a Microsoft Office-like interface, and it is closely integrated with the Office suite.