Preheat your oven to 375°F and line a baking sheet with parchment paper or aluminum foil.

In a large mixing bowl, combine ground beef, breadcrumbs, egg, onion, garlic, milk, smoked paprika, salt, and black pepper. Mix until just combined.

In a separate bowl, combine the softened cream cheese, shredded cheddar cheese, and diced jalapeños until smooth.

Shape half of the meat mixture into a loaf on the baking sheet, creating a well in the center.

Spoon the cream cheese mixture into the well of the meatloaf base.

Cover with the remaining meat mixture, sealing the edges to contain the filling.

Lay turkey bacon strips over the top of the meatloaf.

Bake for 60 to 70 minutes until the internal temperature reaches 160°F, broiling for the last 3 to 5 minutes for extra crisp.

Allow to rest for 10 minutes before slicing and serving.