Can't help with identifying, but would question if it's usable with that amount of rust. The closeup of the dropout looks particularly nasty. What are your plans for it?
Schwinn seems likely, although the fork crown seems a little atypical for them. In that state id be seriously concerned about whether its fit to ever be used again.
It appears, by the fork and rear drop out , to be something along the lines of a Murray or Columbia Cruiser, although it could have been given the imprint of any of a host of stores, mainly hardware and department stores. The color is reminiscent of one used by Coast-to-Coast Stores on their Coast King brand of bicycles. Here;s a Murray from a sales page, for example;
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