130 BPM means 130 beats every minute: one beat every 0.46 seconds (462 ms), or 2.17 beats a second. In classical terms it is Allegro, fast and bright (120–155 BPM).
You often hear tempos around 130 BPM in upbeat pop and rock. The metronome above is already set to 130 BPM in 4/4: press Start, and change the time signature, accents, subdivisions or sound if your song needs it.