Orta insists the 21-year-old could yet make a contribution at Elland Road and there is no option in the deal that would allow Rovers to make the move permanent.
“We feel Ian can make an impact here in the future and we’ve been very impressed with how Blackburn have developed players such as Harvey Elliott at Liverpool," he said.
“We hope Ian can get some game time and come back to us next season ready to fight.”
Poveda was a January 2020 signing from Manchester City in January 2020 and has made 20 appearances for Marcelo Bielsa' s Whites.
The head coach addressed Poveda's situation last week, saying it was different to the scenario facing Niall Huggins, who last week made the permanent move to Sunderland having found himself outside the first team plans at Elland Road. Bielsa hinted that the competition facing Poveda was a factor in his absence from recent squads, however.
"The situation is different," he said.
"First of all he has had a close passage through the first team and he also has the habit of competing with the 18 players who absorb the majority of the games in the Premier League but there are also players who are also evolving and competing with him to be part of the group."
We’ve gathered the best of today’s Premier League speculation below…
7. Leeds short on Traore valuation
Leeds United are unwilling to pay Wolves’ asking price for the signing of winger Adama Traore, and are about £10 million short of their EPL rivals' valuation of the wide man. (90min) (Photo by Catherine Ivill/Getty Images) Photo: Catherine Ivill
8. Leeds could return for Kent
Steven Gerrard fears Leeds United “could return” to sign Rangers forward Ryan Kent before the end of the transfer window. (Daily Mail) (Photo by Steve Welsh/Getty Images) Photo: Steve Welsh
9. Drameh in demand
Leeds United defender Cody Drameh is wanted by Dutch club Cambuur. The youngster was on the bench for Saturday's 2-2 draw against Everton. (Andor Faber - Omrop Fryslan) (Photo by Lewis Storey/Getty Images) Photo: Lewis Storey