Polar Power, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Organization and Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Notes Payable (Details Narrative)

v3.21.1

Notes Payable (Details Narrative) - USD ($) $ in Thousands	12 Months Ended
Notes Payable (Details Narrative) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Note payable	$ 777	$ 1,106
Payment of notes payable	328	$ 255
Several Financing Agreements [Member] \| Equipment [Member]
Monthly payments	$ 20
Debt maturity date description	Due through 2024.
Several Financing Agreements [Member] \| Equipment [Member] \| Minimum [Member]
Debt term	2 years
Interest rate	1.90%
Several Financing Agreements [Member] \| Equipment [Member] \| Maximum [Member]
Debt term	5 years
Interest rate	6.90%

- Definition

Contractual interest rate for funds borrowed, under the debt agreement.

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Amount of the required periodic payments including both interest and principal payments.

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