Pre-heat oven to 350°F. Prepare loaf pan with parchment paper. Makes 1 loaf.
Combine sugar, peanut butter (or applesauce) and vegetable oil
Add eggs and mashed bananas, mix well
Stir in flour, nutmeg and cinnamon
In a separate small bowl dissolve baking soda in hot water, then add to banana mixture
Add vanilla extract, chopped pecans and mini chocolate chips (reserve a tablespoon of chopped pecans and chocolate chips for topping)
Spoon into prepared loaf pan. Sprinkle chopped pecans and mini chocolate chips on top before baking.
Bake at 350ºF for about 55 minutes.
Remove from oven and place on a cooling rack. Let bread rest for about 5 minutes, then carefully remove from the pan using the parchment paper to lift the bread out.
Allow bread to cool before slicing to retain moisture.