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It is Not a Schwinn bike. For 25 dollars you did good. The fork is bent but easy to fix. The seat looks like the pan is bent. Paint it or not a cool bike to have fun with. Welcome to TheCabe!
Great parts donor in my opinion. The handlebar stem bolt is missing and as mentioned the forks are T-boned. These cheaply made forks are generally not safe to straighten for riding purposes. The shifter, rear tire, s/s fenders, and the hi-rise bars will help out a better specimen.
Welcome to the hobby- I think you got a bargain and I’ve seen far worse condition rides be brought back to life. My advice to you is to just do you own thing wih it and enjoy it. This site has lots of good resources. Good luck.
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