This paper presents, for the first time, a single comprehensive analytical model for the hole size produced by hypervelocity impact into finite plates. This model is based on experimental data for 2017 aluminum spheres impacting 2014, 2024 and 6061 aluminum plates. The significance of this model is that it spans the entire range of target thickness from very thin to very thick, which makes it possible to determine when the impact conditions are those of thin target behavior (where the hole size increases with increasing target thickness and debris formation and damage is important) and when the impact conditions are those of thick target behavior (where the hole size decreases with increasing target thickness and the debris formation is significantly decreased). The model makes it dear that the target thickness that divides the thin target regime from the thick target regime is a function of velocity. This means that an impact configuration which exhibits thick target behavior at common experimental velocities could actually exhibit thin target behavior at velocities in the tens of kilometers per second such as that of meteroid impacts. This hole size model also includes the effects of oblique impact and computes both the major and the minor diameters of the hole. This paper also raises, for the first time, the possibility that the commonly accepted models for crater diameter (and by implication those for penetration depth as well), which are taken to be a power function of velocity, might be wrong. Only a linear dependence on velocity for the crater diameter is consistent with the linear velocity dependence of this and all other accepted models of hole diameter in finite plates. If this is correct, it would raise questions about the validity of using any target damage computer models, that are based on the old crater modeling equations, to extrapolate to higher velocities.