Mac Daddy Mac n' Cheese

INGREDIENTS

• 2 cups shredded cheddar cheese
• 3 pieces bacon, diced, cooked, reserving 1 tablespoon bacon fat
• 1 teaspoon olive oil
• 1/2 cup Panko bread crumbs
• 2 shallots, peeled
• 1 pound penne pasta, cooked
• 2 tablespoons chopped fresh parsley
• Salt and freshly ground black pepper
• 4 cups heavy cream
• 1 teaspoon chopped fresh thyme
• 2 tbsp. melted butter
• 2 tablespoons flour
• 3 cloves garlic
• 1 cup shredded pepper jack cheese