It's written by Jay Ferguson and performed by the Scrantones. Creed plays guitar on a live version. There is an 'ever so slight' similarity to the song Handbags & Gladrags that was a Rod Stewart hit in 1970. In 2000, a version of "Handbags and Gladrags" was specifically arranged by Big George as the theme song on the BBC series The Office. Three versions were recorded.
I must admit, you did do a good job with this!