Preheat oven to 350 degrees. Grease a baking tray with cooking spray.
In a bowl, flatten down the ground beef to the bottom of the bowl. Evenly sprinkle on the seasonings and give it a good mix. Once mixed, flatted the ground beef back to the bottom of the bowl. Sprinkle on the cheddar cheese, evenly, over the entire ground beef. I found this method best when using shredded cheese in meatballs, it helps keep everything packaged up nicely and evenly.
Slice pieces of bacon in half.
Make 12 equal sized meatballs, about a little more than ⅛ cup each. Place the meatballs on the greased baking tray as you start to form them.
Once you have the 12 meatballs, start wrapping them in bacon. Use a HALF strip of bacon for each meatballs. Wrap them tightly in the bacon, being sure to tuck the ends under the meatball to keep everything together.
Sprinkle on a ½ teaspoon of brown sugar replacement to the tops of the bacon, pressing in slightly. You can skip this step if you do not want to add the sugar.
Bake in the oven for about 20 minutes, until fully cooked.