Preheat your oven to 350°F and grease a 9x5 inch loaf pan.
In a large bowl, whisk together the flour, baking powder, and salt.
In a separate bowl, beat the sugar, milk, oil, eggs, and vanilla extract until well combined.
Gradually mix the dry ingredients into the wet ingredients until just combined; avoid overmixing.
Pour the batter into the prepared loaf pan.
Bake for 50 minutes, or until a toothpick inserted into the center comes out clean.
Allow the bread to cool in the pan for 10 minutes, then transfer to a wire rack to cool completely.