Place all meatloaf ingredients except for the bacon and Ketchup Glaze ingredients in a large mixing bowl and mix to combine.
With clean hands, mix the ingredients until combined well
Form the mixture into a loaf shape and place on a broiler pan, this will allow the fat from the meat to drain
Lay bacon slices over the top, tucking them underneath the meatloaf
Make the tomato gravy
Pour the ketchup into a small bowl, add brown sugar and balsamic vinegar
Stir the mixture until well combined
Brush a light coating of ketchup glaze over meatloaf. Add strips of bacon in a single layer, not overlapping. Brush with another light coat of tomato gravy.
Bake for 45 minutes. Remove from oven and brush with remaining ketchup glaze. Increase heat of oven to 400 degrees F. and bake for another 15-20 minutes of until internal temperature reaches 155-160 degrees F.