Trouble with coloring effect/"grungy" font using PSP7

Since the memory archive is down, I'm not sure if this tutorial has been done yet so apologies in advance if it has, but this question is kind of specific so I doubt it's been asked before.

Can anyone help me with how you do this effect on the icon pictured below? Btw, I have PSP7.

(made by suziebr)

I'm not sure how to do the coloring, and how to make the text appear like that (kind of grungy looking and not so clear). I think that font is garamond, but I'm not sure.. so if someone could help me with that as well that'd be great. I've gotten this far:



but it's not quite what I want. :\ Any type of help would be really appreciated.

EDIT: Someone helped me with the coloring, however I'm still clueless as to how you get the font to look grungy like that. Can anyone help me with that? Also, if someone could tell me what font/font size the font suziebr used on that icon I used for an example, that would be really helpful as well.