A person that you do not like who has a dumb beard. Usually a hipster or a guy that hangs out at the bookstore all day long and drinks the free coffee and tries to talk to everyone about nothing.
"Oh gads. Here comes beard Loaf again, he probably wants to tell me about existential catfish or something"
"Man. That Beard Loaf guy owns an Arcade Fire CD made out of bacon. No lie.