The logic board is a multi-layer circuit board, which means that there are signal /power traces not just on the top and bottom but on multiple layers in-between, [link|https://www.elecrow.com/media/wysiwyg/pcb/multilayer-PCB.jpg|see this diagram|new_window=true] to get a better idea of what I mean.
What this means is that the punch damage, while small, probably destroyed dozens of traces and probably also caused several internal shorts. This is because it's located smack in between two major sections of logic board.
This one is probably a goner, I wouldn't invest more time in trying to repair it unless you can get your hands on actual board layout data to see what the real internal damage is.