Can Anyone Help Identify this Bike? If a Schwinn is made it China, does it have any resale value?

The decals say "Schwinn Cruiser," the pedals are Schwinn, as is the badge and the pannier bike rack, BUT the Serial Number seems to be "SL16 36" (or 38) which I can't find in any database (perhaps it's not from Chicago, or was made by someone else for Schwinn - made in China, just noticed, Giant?

The Schwinn badge says "Schwinn Quality," and looks like the one from 1995, according to this page:  http://re-cycle.com/History/Schwinn/SwnC_Badges.aspx

schwinn cruiser made in China






Many thanks for any quidance that can be offered : 0
There's a Schwinn serial decoder at  https://bikehistory.org/serial-number.html   could be a useful tool, but need the full serial number.

Try cleaning that area with warm water and dishwash, then dry it off then use an oblique light from a torch/flashlight to help illuminate the deeper metal of the characters.