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Default Looping Through Records.

Thank you in advance for your time and help.

Here is the senario:
I have a table with Vendor Names and Y or N next to each
name.

Vendor Name Qualified
A N
B Y
C Y
D N
E Y

I would like to concatenate all the Vendor Names that are
qualified in one cell. So for this example the result
would be: B, C, E

I realize that I need to write a formula to loop through
the data but I am not exactly sure how this is done. I
think I have a phobia of loops and arrays:)
 
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