In a large bowl, combine ground beef, bread crumbs, chili sauce, egg, salt, and freshly ground black pepper; mix well. Shape into an 8x4 inch loaf pan.
Place loaf pan on a rack in an oven-roasting pan. Bake for 1 hour, or until done. Cook until internal temperature measures 160 degrees F (70 degrees C); the meat should be well done, with no trace of pink. Remove from oven, and allow to rest for 10 minutes before serving.
While the meatloaf is resting, prepare the gravy. In a medium saucepan, melt butter or margarine over medium heat. Add mushrooms and onions; cook and stir until tender.
Add beef broth; simmer for 5 minutes, stirring occasionally. Combine water and cornstarch in a small cup; stir into broth.
Hi! Cooking and caring have been two aspects of my life in full flush since I can remember. As a younger lady I made my first cook book under the name Lolaji, and now it is with great interest I share my love of gastronomy through this online recipe site. You are warmly welcomed to share any recipes, secret sauces or otherwise that you feel will benefit the worldwide community of meatloaf lovers. :) Thank you for stopping by! Look forward to creating an incredible collection of recipes with you.