That is the area for a 1" diameter hole (0.785 sq in or 0.005454 sq ft). So if you use that area in sqft and say 4 feet of static head from the waterline to the hole and calculate it through you come up with 24 gallons per minute.
My sailboat has a primary Rule 1500 and secondary Rule 4000 electric bilge pump that can pump 25 and 67 gallon per minute, respectively. So one can conclude the primary bilge pump can discharge the inflow, calculated above, without the need for the secondary and manual bilge pump thereby allowing you time to plug the hole, if you can access it, OR get back to the dock or boat yard, as long as the hole is not any larger than 1 inch diameter. Seems like the combination of a primary and secondary electric and manual bilge pump was a good design by Hunter, albeit the next larger size manual pump (Gusher 30 that can pump 31 gallons per hour) would be helpful in the event the electric pumps failed with a 1 inch diameter hole.