Combine first 8 ingredients, and shape into 6 loaves. Place on a lightly greased rack in a broiling pan. Chill loaves 2 hours, if desired.
Bake at 375° for 40 minutes or until done. Spoon desired amount of picante sauce over loaves, and sprinkle with cheese. Garnish, if desired.
My family loves this version of meatloaf and it is in the monthly rotation of regular meals.