I think you'll be able to lift it off the ground, but not very far and you probably wouldn't want to travel with it. I have a DK40 (same loader specs), and I used it to unload one-ton pallet of grain. The bill of lading gave a total weight of 2090 lbs, including pallet and packaging materials; I was just barely able to unload the pallet from the back of a freight truck and transport it a 1/4 mile over hilly terrain. In fact, it was sketchy as all get out. I did have a logging winch on the back for counter weight, plus my tires are loaded.
However, not all pallets are loaded the same, and the load on this one sat particularly far out from the pins. Still, even if it had been in a bit further, I'm pretty sure it would still have been right at the limit.