As loaded, this aircraft is classified as?

The correct classification for the aircraft being loaded as overweight, but within the CG (center of gravity) limits indicates that while the total weight of the aircraft exceeds the maximum allowable weight for it to operate safely, its center of gravity is still within the acceptable range for flight stability and control.

In aviation, each aircraft has specific weight and balance limits defined in its flight manual. The "overweight" status means that the aircraft is carrying more weight than it was designed to handle, which could potentially affect its performance, takeoff, landing, and structural integrity. However, being within the CG limits suggests that the balance of the aircraft is appropriate, meaning that the distribution of weight is such that it will not lead to adverse handling characteristics.

Thus, an aircraft could be overweight but still function within its designed safety margins regarding lateral stability and trim if its load distribution is managed correctly. This is a critical distinction in aviation safety practice, as being within CG limits helps mitigate some risks associated with being overweight.