Today 10:44 am
It is what it is. I don't consider a gun with a full magazine loaded into the gun, but no round chambered "unloaded".
In fact, the Federal and most State laws would back me up on this. Under federal law, a firearm is typically considered "unloaded" when the chamber is clear, and the magazine is removed or empty. In some states, the definition may go further to require that the firearm not be capable of being readily fired, such as ensuring that the weapon is not in a condition where a round could be quickly chambered.
In actuality, it is a loaded handgun, without a round chambered, i.e. "Israeli Carry". There's a reason why this condition was given this name. It more accurately defines the condition of the gun.