Preheat the oven to 350 degrees F.
Line a 8x4" loaf pan with parchment and then spray with cooking spray.
In a large bowl, whisk together the granulated sugar, brown sugar, pumpkin, applesauce, oil, eggs, and vanilla extract.
Add the baking soda, baking powder, salt, and spices and mix to combine.
Add the flour and mix until combined.
Pour batter into the prepared pan.
Bake in the preheated oven for 50-60 minutes, or until a toothpick comes out clean.
I usually check mine around 40-45 minutes and cover with foil so the top does not get too brown.
Let the bread sit in the pan for 10 minutes and then remove the bread from the pan. Let it cool on a cooling rack.
Slice and enjoy!