In a small bowl, add the yeast to warm milk and let foam for 5 minutes. Meanwhile, in a large mixing bowl of heavy-duty stand mixer, combine all ingredients. Add yeast/milk mixture and mix on medium speed for 2 minutes, scraping down sides of bowl with spatula, if needed. This can also be made using an electric mixer.
Place dough in a greased 9 x 5-inch nonstick pan. Smooth dough with spatula. Cover and let rise in warm place (75-80°F) until dough is level with top of pan (approximately 30-40 minutes).
Bake in a preheated 375°F oven for 60-65 minutes. Do not under-bake. To prevent over-browning, cover with foil after first 15 minutes of baking. To test for doneness, tap loaf with fingernail. A crisp, hard sound indicates a properly baked loaf. Turn out of pan and cool thoroughly on a wire rack before slicing with electric knife or serrated knife.