Preheat oven to 350°F.
In a large bowl, combine the wet ingredients: granulated sugar, brown sugar, eggs, vegetable oil, pumpkin puree, and vanilla extract. Whisk until smooth.
Add the dry ingredients to the bowl: flour, pumpkin spice, cinnamon, baking soda, baking powder, and salt. Whisk until batter is smooth without lumps.
Grease and line a loaf pan with parchment paper. Pour the batter into the pan.
Bake for 55 to 65 minutes until a toothpick inserted in the center comes out clean.
Let the cake cool for about an hour.