Preheat the oven to 425 degrees.
Heat a skillet over medium high heat. Add in 1 teaspoon of olive oil and add onion and garlic. Saute for 3-4 minutes then remove from heat.
In a large bowl combine the onion mixture, breadcrumbs, 1/4 cup of ketchup, parsley, Parmesan, horseradish, mustard, Worcestershire sauce, salt, pepper, cheddar cheese, and ground beef. Mix together with your hands.
Shape the meatloaves into 5 or 6 patties and place on a greased baking sheet. As an alternative, shape into 8 balls and place in a greased muffin tin.
Brush each meatloaf with the remaining ketchup.
Bake for 25 minutes or until the meatloaves are cooked through.