Hollands will stay with the Robins until February 2nd when they travel to Broadfield Stadium to play Crawley Town, which will be screened live on Sky Sports.
Hollands moved to the County Ground in mid-November and been part of the side which has bagged 16 points from a possible 24 in that time.
Paolo Di Canio's men have been in a rich vein of form in recently winning their previous four matches and scoring 16 times while not conceding a single goal.
The midfielder has played in every minute of the run, which has lifted the Wiltshire side into the League One play-off places, and found in the net in the 5-0 victories over Tranmere Rovers and Portsmouth.
Hollands has extended his temporary switch in time to travel to AFC Bournemouth, his former club, on Saturday.