My oldest was like that at 4. He still is sometimes. He can spin a whole fictional story and keep it going for like 45 minutes straight and has been able to since preschool. It's amazing to me, as I can am not even creative enough to make up an entertaining five minute bedtime story. But it can also be exhausting.
My advice is, of course, to focus on the positive aspects of this gift of gab she is. But also, that it is okay to say when you need some quiet time.