For $100-130, your best bet is to look through the used market (craigslist, ebay, maybe even the classifieds here) and hope you stumble on a really awesome deal. Even then you'll probably only be able to find an amp that could handle jams with a quiet drummer and guitarist (nothing near hard rock).
Generally I'd tell people to look into a used Peavey TNT 115 combo, but that'd probably run about $200 used (or more). So if you're looking for an amp that can be used for more than just bedroom practice, I'd recommend you hold on to what you have now and save up about another one or two hundred.