javascript limited time interval using loop

gistfile1.js

function setTimedOutInterval(totalTime, intervalTime, callBackFunction) {
    var noOfLoops = totalTime / intervalTime,
        counter = 0;
    intervalId = setInterval(function () {
        console.log('check');
        console.log(counter);
        if (counter <= noOfLoops) {
            counter++;
        } else {
            clearInterval(intervalId);
            console.log('start callBackFunction');
            callBackFunction();
        }

        if (finished === true) {
            clearInterval(intervalId);
            callBackFunction();
        }

    }, intervalTime);
}

setTimedOutInterval(4000, 500, finished);

function finished() {
    console.log('finished!!');
}