Preheat oven to 350 F.
Spray a 9" x 13" baking dish with non-stick spray.
Place the bread in a large bowl and add the milk. Let soak for a few minutes.
Add the remaining ingredients to the bread except for half of the ketchup and combine well.
Form into a loaf in the baking dish.
Spread the remaining ketchup over the top of the meatloaf.
Bake, covered, for 45 minutes.
Remove cover and bake for an additional 30 minutes.
Let stand 5 -10 minutes before slicing.