For the hole you drilled. Cut a piece of
plywood to fit the hole (you may have to lightly sand the circumference of the
wood for it to fit). Epoxy it in place. Then,
repair the other bits, and re-paint the bottom. It is a
dinghy, and it is meant to be abused.
We have seen people who have admirable, beautiful timber dinghies, and watched as they got out into waist-deep
water and gently carried their art
work ashore. Personally, I prefer to get ashore dry-foot, and therefore, a sturdy
dinghy. Ymmv.
Ann