Not saying the whole of DC isn't corrupt here; but it's pretty standard fare to have a business loan (obviously amount would vary per business - like I can see a heavy equipment dealer having said loan very easily) and the $1million could be commercial real estate which $1million wouldn't be all that large.
That said, she's living pretty high on the hog, or is that cow, with what we assume are REAL Gucci and LV. Plenty of fakes, especially LV. But you do have to take the individual out of the business when looking at loans. No smart individual is going to put their own money on the line and their house, etc unless absolutely necessary to keep a business afloat.
However, insurance broker...what type? Home, Auto, Business, Health? I've known a few (less than 10) mostly honest ones; but oooof, the ones I've known that are State Farm or Allstate agents ooze more slime than the swamp and used car salesmen combined.