Preheat oven to 400°F. Grease a 9 by 5-inch loaf pan with cooking spray.
Add 3 teaspoons dried mustard, 3 teaspoons paprika, 2 teaspoon salt, 2½ teaspoons basil, 2 teaspoon black pepper, 2 teaspoon garlic powder, and 2 teaspoon onion powder to a small bowl. Mix together until combined, then divide into 2 Tablespoons and 4 Tablespoons separately.
Place 2 pounds 85/15 ground beef in a large bowl. Add 4 Tablespoons meatloaf seasoning, 1 teaspoon olive oil, 1 cup Parmesan cheese, ¼ cup milk, ¼ cup sugar-free ketchup, 1 Tablespoon Worcestershire sauce, 2 eggs lightly beaten, salt and pepper to taste and ½ cup sharp cheddar cheese.
Mix the meatloaf with your hands until just combined (do not over-mix). Transfer the ground meat mixture into the greased loaf pan, pressing the meat down to form into a loaf shape.
Add 4 Tablespoons tomato paste, 2 Tablespoons white vinegar, and 2 Tablespoons meatloaf seasoning to a bowl, and mix until combined.
Add half of the meatloaf glaze over the top of the meatloaf mixture. Bake for 45 minutes, then remove from oven and spread the remaining meatloaf glaze over top. Top with additional cheddar cheese.
Bake for another 12 minutes or until the internal temperature for the meatloaf reaches 155°F.
Remove from the oven and let stand for at least 15 minutes. This is very important; it helps keep the meatloaf nice and moist.
Slice the meatloaf and serve!