Hartlepool United boss Ronnie Moore is looking for Jake Gray to become a "key" player between now and the end of the season after extending his stay.
The 20-year-old Crystal Palace midfielder will now remain at Pools until May, on what was a busy day of transfer activity for the League Two side.
Pools also agreed an extension of Adam Jackson's loan from Championship neighbours Middlesbrough with the centre-back also remaining until the end of the campaign.
Gray, who turned 20 on Christmas Day, initially joined Pools on loan at the start of November and made his debut in the FA Cup first round win over Cheltenham Town.
A week later he netted twice in the club’s televised 3-1 win over Leyton Orient.
And boss Moore is looking for the talented Eagles midfielder to continue to show improvement as Pools look to climb up the league table.
Moore said: "Jake has shown his ability during the time he’s been here so it’s great that he’ll be sticking around.
"He gives us something different in that midfield area and could be a key player for us between now and the end of the season so I thank Crystal Palace for letting us keep him."
Meanwhile, Jackson hopes to celebrate extending his stay with a cup shock against Derby County this weekend.
The 21-year-old will line up against the Rams at Victoria Park on Saturday in the third round tie, with Pools looking to produce a shock against Championship title hopefuls Derby.
"I have just loved playing week in and week out though so it was a no-brainer for me in terms of extending my stay here," said Jackson.
"I just wanted to get it all done and sorted.
"I was going to say because I just want to focus on the games – but we haven’t had a great deal of them recently, have we!?
"A lot of footballers talk about how hectic it is over Christmas but I've come here and we've not had a game for three weeks which has been really weird.
"I think the lads are quite frustrated, particularly when the game on Boxing Day was postponed, because we wanted to get out there and put on a performance for the fans.
"Now we've got another chance this weekend against Derby – we know it’s going to be tough obviously but we’re looking forward to the challenge, that’s for sure," added Jackson, who believes his loan spell playing regular league football has helped his game improve.
And to complete a busy day at The Vic, young gloveman Peter Denton has further extended his loan spell at Bedlington Terriers.
Denton, who signed in the summer, will now remain with the Northern League Division One outfit until April.
The 19-year-old shot-stopper originally joined The Terriers on loan in October but a new deal has now been put in place between the clubs which will see him stay for another three months.
The deal means Denton will now be available to feature in the Terriers’ scheduled game at Norton & Stockton Ancients on Wednesday night.